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Property profile & analytics
FOR LEASE
Investment properties

4601 Westown Pkwy West Des Moines, IA 50266

81,636 SF 6.81 ac lot Built 1988
Entity Owned 14-yr Hold Free & Clear
Property ID
US25-0278843
Property summary
AI-generated overview

Veridian, located at 4601 Westown Parkway in West Des Moines, Iowa, 50266, offers flexible office space within the prestigious Three Fountains Office Park. This 78,115 square foot building, constructed in 1988, provides a range of options for businesses of all sizes. Suites are available from a minimum of 1,712 square feet up to a maximum contiguous space of 19,898 square feet, with one currently available space ranging from 1,538 to 20,732 square feet. The building features both executive and traditional office spaces, catering to diverse business needs. Tenancy is multiple, allowing for a collaborative and vibrant work environment. Three Fountains Office Park boasts an impressive array of amenities, including a private fiber network, a fully equipped conference center, and a wellness center for employee well-being. On-site property management ensures seamless operations. The convenient location offers easy access to major roadways such as I-35/I-80, I-235, downtown Des Moines, and the Des Moines International Airport. Further enhancing the location's appeal are nearby restaurants, banks, shopping centers (including Valley West Mall), ample free on-site parking, attractive landscaping, and outdoor seating areas. This prime location and comprehensive amenity package make Veridian an exceptional opportunity for businesses seeking a productive and comfortable workspace.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1988
Construction STEEL FRAME
Total area 81,636 SF
Lot 6.81 ac (296,731 SF)
Zoning code PCP
APN 320/04127-503-003
UPID US25-0278843
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
  • AgriSync Corporate Office
  • Legacy Bridge Bank Credit Union
  • DISTek Integration, Inc. Corporate Office
  • Edward Jones - Financial Advisor: Jess Hoffman Financial Advisor
  • Iowa Health Information Network Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.06M
Blend (final) Blend
$6.21M
Owner & transaction history
Three Fountains II LLC · 14 yrs held
Three Fountains II LLC
since 2012
3 recorded transactions
2022
Price N/A
2022
Price N/A
2012
Price N/A
Zoning & alternative use
PCP · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

$1f

Zone name Professional Commerce Park
General category OPEN_SPACE
Zone area 1,042.20 ac
Source Realmo
Top alternative use upside
Retail stores $9.5M +26.6%
Neighborhood: shopping center $8.1M +7.0%
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