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Property profile & analytics
FOR LEASE
Investment properties

4401 Westown Pkwy West Des Moines, IA 50266

66,090 SF 6.47 ac lot Built 1986
Individually Owned 2-yr Hold Free & Clear
Property ID
US25-0146601
Property summary
AI-generated overview

This exceptional office space, located at 4401 Westown Parkway in West Des Moines, Iowa, offers a variety of options for businesses of all sizes. Part of the prestigious Three Fountains Office Park, this property boasts a total of 61,430 square feet, with spaces ranging from a minimum of 634 square feet to a maximum contiguous space of 1,829 square feet. The building, constructed in 1986, features both executive suites and traditional office layouts, catering to diverse business needs. Tenancy is multiple, allowing for flexibility in lease terms and space requirements. The property is conveniently located in Polk County, with easy access to major transportation arteries, including I-35/I-80, I-235, and the Des Moines International Airport. Three Fountains Office Park provides a wealth of amenities, including a private fiber network, a fully equipped conference center, and a wellness center. On-site property management ensures seamless operations. The park also offers ample free parking, attractive landscaping, outdoor seating areas, and proximity to numerous restaurants, banks, and shopping centers, including the Valley West Mall. This prime location and comprehensive amenity package make this an ideal choice for businesses seeking a productive and comfortable work environment.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1986
Construction STEEL FRAME
Total area 66,090 SF
Lot 6.47 ac (281,833 SF)
Zoning code PCP
APN 320/04127-502-001
UPID US25-0146601
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
  • Iowa Wealth Management Financial Advisor
  • Dr. Randal Reynolds Physician Medical Clinic
  • Kevin West Foster Care Service Social Service Agency
  • Dowd Law Office PC Law Firm
  • Nathan Delange Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.56M
Blend (final) Blend
$5.00M
Owner & transaction history
Annette Foertsch · 2 yrs held
Annette Foertsch
since 2023
7 recorded transactions
2023
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
Zoning & alternative use
PCP · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $7.7M +26.6%
Neighborhood: shopping center $6.5M +7.0%
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More about this property
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