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    FOR LEASE
    Strip malls

    5917 Ashworth Rd, West Des Moines, IA 50266

    14,680 SF 2.53 ac lot Built 1993
    Individually Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US25-0231006
    Property summary
    AI-generated overview

    Ashworth Plaza, a single-story, 19,736 square foot neighborhood retail strip center, presents a compelling investment opportunity in West Des Moines, IA. Located at the high-traffic intersection of 60th and Ashworth Road, this Class B property boasts 11 suites, with one vacant suite totaling 2,400 square feet, representing a minimum divisible space and the maximum contiguous space available. Built in 1993, the center sits on 2.529 acres of land and is zoned PUD. The property features a diverse tenant mix including both local and national businesses such as Kum & Go (anchor tenant), Family Nails, Regis Financial, A-Vacuum House, American Family Insurance, Canton Chinese Restaurant, Great Clips, Godfathers Pizza, and BuduBu Smoke Shop. The property's address is 5917 Ashworth Rd, West Des Moines, IA 50266, and its APN is 320/04128-006-002. This well-located retail center offers strong potential for immediate income generation and long-term growth within the established West Des Moines submarket. The property's convenient location and established tenant base make it an attractive investment for those seeking a stable and profitable retail asset. The available 2,400 square feet of vacant space presents an opportunity for expansion or lease to a new tenant. The property's single-building design simplifies management and maintenance. This is an excellent opportunity to acquire a well-positioned retail property in a thriving Iowa market.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1993
    Construction STEEL FRAME
    Total area 14,680 SF
    Lot 2.53 ac (110,163 SF)
    Zoning code NC
    APN 320/04128-006-002
    UPID US25-0231006
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $5.89M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $6.10M
    Owner & transaction history
    Virinder Singh Grewal · 3 yrs held
    Virinder Singh Grewal
    since 2023
    Last sale
    $6.3M
    7 recorded transactions
    2025
    2023
    $6.3M
    2020
    2016
    $5.8M
    1969
    1969
    1969
    Zoning & alternative use
    NC · West Des Moines, IA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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