3316 Indianola Ave Des Moines, IA 50315
This exceptional retail opportunity is located at 3316 Indianola Ave, Des Moines, IA 50315. The property, known as Indianola Avenue Plaza, is a well-established retail center situated in a high-traffic neighborhood just west of SE 14th Street. The building, constructed in 1986, offers a total of 18,053 square feet across multiple suites. Currently, there is one vacant suite totaling 1,400 square feet, perfect for a variety of retail or restaurant uses. The property boasts ample parking, a significant advantage for customers and employees. The existing tenant mix includes a diverse range of businesses, creating a vibrant and successful commercial environment. These established businesses include Southside Smoke, Nut Pob Restaurant, Nepali Grocery Store, Victor's Western Wear, Rancho Alegre Restaurant, Mi Casa Cake Shop, a coin laundry, and Rachael's Nails & Spa. This location provides excellent visibility and accessibility, making it an ideal investment for businesses seeking a thriving Des Moines market presence. The 1,400 square foot space presents a unique opportunity to join this established and successful retail center.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.