2700 Ingersoll Ave Des Moines, IA 50312
This exceptional 32,418-square-foot retail center, situated on 2.293 acres at 2700 Ingersoll Avenue in Des Moines, Iowa, presents a unique investment opportunity. Built in 1997 and extensively renovated in 2019, this single-story building boasts a prime location in the Grand/Ingersoll Avenue corridor, a submarket known for its strong demographics and limited available inventory. The property is zoned NPC and features two suites, with a minimum divisible space of 8,910 square feet. Currently, the entire 32,418 square feet is vacant, offering significant flexibility for potential tenants. The center benefits from its adjacency to a new Starbucks and the MoLo boutique hotel, enhancing visibility and foot traffic. Existing tenants in the plaza include well-established businesses such as Taco John's, Panchero's, Firehouse Subs, and Panka Peruvian Restaurant, creating a vibrant and diverse retail environment. This property offers a rare chance to establish a presence in a thriving Des Moines location with excellent access and high visibility. The zip code is 50312.
-
OfficeMax Print & Copy Services (Bike/Boat/Book/etc) Store Printing Service
-
OfficeMax Tech Services Tech Support Center IT Consulting Firm
-
FedEx ShipSite Postal Service Courier Service
-
Hy-Vee Pharmacy Pharmacy
-
OfficeMax (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NPC · Des Moines, IACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.