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Property profile & analytics
FOR LEASE
Strip malls

7400 Hickman Rd Des Moines, IA 50325

17,360 SF 2.56 ac lot Built 1980
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-0667945
Property summary
AI-generated overview

This exceptional executive office space, located at 7400 Hickman Road in Windsor Heights, Iowa, offers a fantastic opportunity for businesses seeking flexible and modern office solutions. The property, built in 1987, is situated in Polk County and boasts a total of 11,346 square feet, with a variety of suite sizes available. Six individual spaces are currently available for lease, ranging from a minimum of 473 square feet to a maximum of 2,759 square feet. The maximum contiguous space available is 2,330 square feet, providing ample room for expansion or consolidation. Currently, 4,271 square feet of space is vacant, offering immediate occupancy options. The property is classified as both retail and office space, and its "Executive Office, Professional, Strip Center" subtype suggests a versatile environment suitable for a range of professional businesses. The property's location in the desirable Windsor Heights area of Des Moines, Iowa (zip code 50325), offers convenient access to major transportation routes and amenities. This multi-tenant building presents a unique opportunity to establish a presence in a thriving commercial district. Inquire today to learn more about leasing options and secure your ideal workspace.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Construction STEEL FRAME
Total area 17,360 SF
Lot 2.56 ac (111,426 SF)
Zoning code CC
APN 292/01617-003-000
UPID US25-0667945
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$590k
Owner & transaction history
Sherwood Forest Co
Sherwood Forest Co
1 recorded transaction
1969
Price N/A
Zoning & alternative use
CC · Windsor Heights, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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