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Property profile & analytics
FOR LEASE
Strip malls

100 E Euclid Ave Des Moines, IA 50313

199,938 SF 7.09 ac lot Built 2007
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-1137569
Property summary
AI-generated overview

Park Fair Mall, located at 100 E Euclid Ave in Des Moines, IA, offers a diverse range of executive office spaces for lease. This Class B property, totaling 199,938 square feet, sits on a 7.09-acre lot (308,840 sq ft) and features a single, two-story building constructed in 1956 and renovated in 2007. The property is zoned C-4 and is situated in the IA - Des Moines Northeast submarket of Polk County. Tenants can choose from multiple suites, with a minimum divisible space of 144 square feet and a maximum contiguous space of 12,356 square feet. Currently, 34,640 square feet of space is available. The property's diverse zoning allows for retail, office, and restaurant uses. Ample parking is provided with 842 spaces. The property is ideally suited for businesses seeking flexible and well-located office space in Des Moines. The building comprises a total of eight suites. This prime location offers excellent accessibility and visibility within the Des Moines Northeast submarket. Interested parties should inquire about available spaces and lease terms.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction STEEL FRAME
Total area 199,938 SF
Lot 7.09 ac (308,710 SF)
APN 070/02164-001-001
UPID US25-1137569
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
  • Fareway Meat and Grocery Grocery & Convenience Store Food Market
  • Dollar Tree Discount Store
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
  • Clarity Accounting Services, Inc. Accounting Firm Tax Preparation
  • Central Iowa Center for Independent Living Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.89M
Blend (final) Blend
$5.11M
Owner & transaction history
Hpm Investments INC
Hpm Investments INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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