Property profile

840 1St St West Des Moines, IA 50265

OFF-MARKET
Retail properties & Spaces
2,520 SF
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Property summary

AI-generated overview

This exceptional 2,520 square foot retail space presents a unique investment opportunity in the thriving Val-Gate development of West Des Moines, Iowa. Situated on a one-acre lot at 840 1st Street, this single-tenant building boasts a highly desirable quick-service restaurant subtype. Its strategic location on Highway 28/1st Street ensures maximum visibility and accessibility, placing it between well-established businesses such as Auto Zone and Scooter's Coffee. The property benefits from strong co-tenancy with reputable national brands including Dollar Tree and True Value Hardware, creating a synergistic retail environment and attracting a substantial customer base. This new construction offers a modern and efficient layout, ideal for a variety of quick-service businesses seeking a prominent presence in a bustling West Des Moines commercial corridor. The property's address is 840 1st Street, West Des Moines, IA 50265. The building's size and location make it an attractive option for businesses seeking high visibility and convenient access for customers. This is a rare opportunity to establish a business in a well-established and rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,520 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

840 1St St West Des Moines, IA 50265
West Des Moines metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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