Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Neighborhood commercial areas shall be designated to provide for small commercial centers and uses which provide a limited range of products and services to the residents of the surrounding neighborhood. Typical uses wou…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
NC · West Des Moines, IANeighborhood commercial areas shall be designated to provide for small commercial centers and uses which provide a limited range of products and services to the residents of the surrounding neighborhood. Typical uses wou…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Neighborhood commercial areas shall be designated to provide for small commercial centers and uses which provide a limited range of products and services to the residents of the surrounding neighborhood. Typical uses wou…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NC in West Des Moines, IA.
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