4100 Merle Hay Rd Des Moines, IA 50322
This exceptional Des Moines retail opportunity presents 205,615 square feet of leasable space within the Haymarket Mall, a single-story, Class B community center. Built in 1979 and renovated in 1994, the property sits on a 16.02-acre lot at 4100 Merle Hay Rd, Des Moines, IA 50322, conveniently located in Polk County's Western Suburbs. Currently, 25,962 square feet is available for lease. The center boasts 686 parking spaces and enjoys a highly visible location between the Merle Hay Mall and the I-80/35 interchange, a major thoroughfare with over 100,000 vehicles daily. This strategic position ensures high traffic and accessibility for businesses. The property is zoned Commercial and is situated in a densely populated area, boasting nearly 90,000 residents within a three-mile radius, including a significant concentration of high-income households. This makes it an ideal location for retailers seeking a large footprint in a thriving, affluent community. The cross street is Aurora Avenue.
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BodyTech - Integrated Manual Therapy Alternative Medicine Practice Spa & Massage Center
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.