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Property profile & analytics
FOR LEASE
Strip malls

1300 50Th St West Des Moines, IA 50266

22,406 SF 2.09 ac lot Built 1988
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US25-2581659
Property summary
AI-generated overview

This exceptional retail property, located at 1300 50th Street in West Des Moines, Iowa, 50266, offers a fantastic opportunity for businesses seeking high-visibility space. The single-building strip center comprises a total of 22,406 square feet and features multiple suites. Currently, there are 3,072 square feet of vacant space available, divisible into units as small as 1,332 square feet, with a maximum contiguous space of 1,740 square feet. The property underwent renovations in 2019, ensuring modern and attractive facilities for tenants. Its strategic location in West Des Moines provides excellent access to a thriving customer base and significant foot traffic. The property's convenient layout and ample parking make it an ideal location for a variety of retail businesses. This is a rare opportunity to secure prime retail space in a highly desirable area. The property is ready for immediate occupancy, offering a chance to establish or expand your business in a vibrant and growing community. Interested parties should inquire about lease terms and availability. The property's address is 1300 50th Street, West Des Moines, IA 50266.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction STEEL FRAME
Total area 22,406 SF
Lot 2.09 ac (91,258 SF)
Zoning code CVC
APN 320/00079-003-001
UPID US25-2581659
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
  • Trumark Home Care & Staffing Home Health Care Service
  • Ingersoll Wine Merchants Specialty Food Shop Wine and Liquor Store
  • Drake Homes Construction Company General Contractor
  • Bradley's Inc Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$715k
Owner & transaction history
Lakewoods LLC · 5 yrs held
Lakewoods LLC
since 2021
6 recorded transactions
2021
Price N/A
2021
Price N/A
2020
$50,000
2018
$875,000
2004
$2.1M
1969
Price N/A
Zoning & alternative use
CVC · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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