4570 University Ave West Des Moines, IA 50266
- Turn key restaurants
- 6,916 SF
- 0.30 lot acres
Current Use by Public Records
- El Muchacho Alegre / Mexican Restaurant
Property Details for 4570 University Ave
- Year built
- 2012
- Construction
- STEEL FRAME
- Lot size
- 0.30 lot acres
- Property size
- 6,916 SF
- Zone code
- PUD OFFICE
- Property type
- Turn key restaurants
- APN
- 320/01438-101-000
- APU
- 32001438101000
Description
This exceptional 6,916-square-foot freestanding restaurant building is available for sale at $2,495,000. Located at 4570 University Avenue in West Des Moines, Iowa (zip code 50266), this property boasts a prime location on a major thoroughfare. Built in 1998 and recently remodeled, the building features a flat rubber membrane roof and includes 150 parking spaces, as detailed in the Restrictions and Easement Agreement. The sale includes all kitchen equipment, a grease interceptor, and an outdoor patio. This turn-key opportunity offers outstanding access and high visibility, situated amongst a thriving mix of businesses including Barnes & Noble, Chick-fil-A, and several other popular restaurants and retailers. The property enjoys a significant 17,800 vehicle daily pass-by count on University Avenue. This is an ideal location for an established restaurant or a new venture seeking a strong presence in a high-traffic area of West Des Moines. The property is a triple net (NNN) lease. The price per square foot is $360.76.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.7678
- Latitude
- 41.5997
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
