5814 Hickman Rd Des Moines, IA 50322
For Lease
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This 1,232 square foot freestanding retail building in Des Moines, Iowa, presents a fantastic opportunity for a quick-serve restaurant. Located at 5814 Hickman Rd, Des Moines, IA 50322, this single-tenant property boasts a convenient drive-thru, ideal for maximizing customer convenience and throughput. The building is already built out as a quick-serve restaurant, saving significant time and expense on renovations. Benefit from excellent visibility and signage opportunities, with prominent placement along Hickman Road and Merle Hay Road, ensuring high traffic exposure. Neighboring businesses include well-established brands such as Starbucks, Hy-Vee Fast & Fresh, Ace Hardware, and CVS, creating a strong retail synergy and attracting a high volume of potential customers. Traffic counts from 2016 show 20,000 vehicles per day on Hickman Road and 21,400 vehicles per day on Merle Hay Road, indicating substantial foot and vehicle traffic. The lease rate is negotiable, making this property an attractive investment for the right operator. Pole signage is also available, further enhancing visibility and brand recognition. This turnkey solution offers immediate occupancy and the potential for significant returns.
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
C-1 · Des Moines, IADes Moines. Always verify with local authorities before improvements.
Costs & 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.