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Property profile & analytics

4365 Merle Hay Rd Des Moines, IA 50310

  • Lifestyle centers
  • 269,705 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Haymarket Square / Shopping Mall
  • Electrify America Charging Station / Electric Vehicle Charging Station
  • Northern Tool + Equipment / Electric Generator Shop / Hardware Store
  • Knee Walker Rental Des Moines / Scooter Rental Service
  • TNT Fireworks / Fireworks Store / Store

Property Details for 4365 Merle Hay Rd

Property size
269,705 SF
Property type
Lifestyle centers
Property subtype
Power centers

Description

Haymarket Square Shopping Center presents a unique investment opportunity in a thriving retail environment. This 269,705 square foot shopping center offers multiple tenancy options, with spaces ranging from a minimum of 2,000 square feet to a maximum contiguous space of 56,700 square feet. Recently renovated in 2024, the center boasts brand new facades, updated signage, and significantly improved common areas. The property benefits from an exceptionally high traffic count, exceeding 35,000 vehicles per day at the Merle Hay and Aurora intersection, and enjoys convenient access to Interstate 35/80, carrying over 100,000 vehicles daily. This strategic location is surrounded by a dense population, with nearly 90,000 residents within a 3-mile radius and 188,000 within 5 miles. The center's strong retail synergy is further enhanced by its proximity to major national retailers including Target, Ross, Ulta, Five Below, Kohl's, Hobby Lobby, Burlington, Chick-fil-A, and Starbucks. Adding to its appeal, new tenants, 7 Brew and Green State Credit Union, are slated to open soon, further solidifying the center's position as a premier retail destination. This is an exceptional opportunity to secure space in a high-performing, well-located shopping center with significant growth potential.

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
-93.6975
Latitude
41.6396
More about this property
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