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Property profile & analytics

3408 Merle Hay Rd Des Moines, IA 50310

  • Shopping malls
  • 29,400 SF
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Merle Hay Liquor and Smoke / Liquor Store / Atm
  • Bitstop Bitcoin ATM / Atm

Property Details for 3408 Merle Hay Rd

Year built
1986
Property size
29,400 SF
Property type
Shopping malls
Property subtype
Lifestyle centers

Description

This single-story, 29,400 square foot retail center is situated on a 2.37-acre lot at 3408 Merle Hay Road in Des Moines, Iowa, zip code 50310. Built in 1986, the property boasts 14 suites, with one currently vacant at 1,400 square feet. The center offers ample parking with 136 spaces available for customers and tenants. Its prime location provides extensive frontage on Merle Hay Road, just south of the Merle Hay Mall, ensuring high visibility and foot traffic. The property is zoned C-1 and is part of the Des Moines submarket. The building features a total of 29,400 square feet of retail space, making it an ideal investment opportunity for a variety of businesses. The convenient location and high visibility make this property a strong contender for attracting a diverse range of tenants. This is a chance to acquire a well-established retail center in a thriving Des Moines location. The existing infrastructure and ample parking provide a solid foundation for future growth and profitability. The 1,400 square foot vacant suite presents an immediate opportunity to lease and increase revenue.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.698
Latitude
41.6255
More about this property
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