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Property profile & analytics
OFF-MARKET
Neighborhood centers

4420-4520 University Ave Pleasant Hill, IA 50327

27,440 SF 3.47 ac lot Built 2000
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located within the Waters Edge Shopping Center, a Class B strip center situated on a 3.47-acre lot (151,153 sq ft) in the desirable IA - Des Moines Northeast submarket of Pleasant Hill, Iowa. The property boasts a total of 27,440 square feet across one single-story building, constructed in 2000. Currently, there is one suite available for lease, totaling 1,600 square feet. The center is zoned C-3, offering flexibility for a variety of retail uses. The address is conveniently located at 4420-4520 E University Ave and 1240-1280 Copper Creek Dr, Pleasant Hill, IA 50327, in Polk County. This presents a unique chance to establish or expand your business in a thriving community. The property's ample lot size and strategic location provide excellent visibility and accessibility for customers. The existing building offers a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. Don't miss this chance to secure a prime retail space in a high-traffic area.

Property profile
Verified
Property type Neighborhood centers
Year built 2000
Total area 27,440 SF
Lot 3.47 ac (151,153 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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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