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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3316 Indianola Ave Des Moines, IA 50315

18,053 SF Built 1986
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1986
Total area 18,053 SF
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
Current use
Occupant on record · Public records
  • Hansen Chiropractic Center Alternative Medicine Practice
  • Dr. Kevin Hansen Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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