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    4343 Merle Hay Rd Des Moines, IA 50310

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    For Lease
    Contact for pricing

    High-profile retail space, Des Moines, IA.

    Lot size:
    56,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 56,700 square foot retail property is located at 4343 Merle Hay Road in Des Moines, Iowa, within Polk County. The property is a single-tenant building, offering a significant opportunity for a business seeking a prominent location. Situated along Merle Hay Road, a high-traffic area boasting 36,000 vehicles per day, this retail space benefits from exceptional visibility and accessibility. The building's size allows for a variety of retail uses, making it suitable for a wide range of businesses. This property is part of the Haymarket Square redevelopment project, promising future growth and increased foot traffic in the area. The property's location in Des Moines, Iowa, provides access to a substantial consumer base and a thriving local economy. The zip code is 50310. The property is classified as a shopping center. This is a rare opportunity to secure a high-profile retail space in a rapidly developing area of Des Moines. The property's size and location make it an ideal investment for businesses seeking significant exposure and growth potential.

    Property Features for 4343 Merle Hay Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,700 SF

    Unit(s) available at that property

    Space
    Size
    56,700 SF

    HighLights

    • 56,700 SF single‑tenant retail building at 4343 Merle Hay Rd, Des Moines, IA 50310 (Polk County).
    • 7 Brew Coffee and Green State Credit Union are opening soon.
    • Modern renovations include new facades, signage, and common area improvements.
    • High traffic count exceeding 36,000 vehicles per day on Merle Hay Road and Aurora Avenue.
    • Convenient access to I‑35/80.
    Property Profile Location Intelligence

    Current Use by Public Records

    Price Chopper Pharmacy Pharmacy Tammy R. Bickel, ... Pharmacy Teresina Leo Pharmacy Kristin Sauvago Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.696863965148
    Latitude
    41.63762992417

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    FAQs

    What type of property is this?
    Lifestyle center - High-profile retail space, Des Moines, IA.
    Where is this lifestyle center located?
    The property is located at 4343 Merle Hay Rd Des Moines, IA.
    What are key features of this property?
    This property features: 56,700 SF single-tenant retail building at 4343 Merle Hay Rd, Des Moines, IA 50310 (Polk County).; 7 Brew Coffee and Green State Credit Union are opening soon.; Modern renovations include new facades, signage, and common area improvements.
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    4343 Merle Hay Rd Des Moines, IA 50310
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    Des Moines, IA 50310
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4343 Merle Hay Rd Des Moines, IA 50310
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