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Property profile & analytics
FOR LEASE
Drive through restaurants
7300 Westown Pkwy, West Des Moines, IA 50266
Entity Owned
8-yr Hold
Free & Clear
Property ID
US25-2368155
For Lease
1 / 2
$13 SF/Yr
7300 Westown Pkwy, West Des Moines, IA 50266
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2019
Construction
FRAME
Total area
2,162 SF
Lot
6.41 ac (279,209 SF)
APN
1601105001
UPID
US25-2368155
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
-
The Beauty Pact Spa & Massage Center Alternative Medicine Practice
-
TM Sisson PC Accounting Firm
-
Bloom Chiropractic Co. Alternative Medicine Practice
-
Sarah Elizabeth Hairstylist Hair Salon
-
KATHERYN ANNE KUEHNER Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jai Hanuman LLC · 8 yrs held
Jai Hanuman LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Des Moines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$244,872
Tax year 2022
Assessed value
$8,050,510
Assessed 2023
Previous assessed
$8,000,000
+0.6% YoY
Effective rate
3.04%
On assessed value
Assessed land
$3,053,460
Assessed improvement
$4,997,050
Land market value
$3,053,460
Improvement market value
$4,997,050
Total market value
$8,050,510
Applied tax rate
690,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
2019
Construction
FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
2,162 SF
Lot
6.41 ac (279,209 SF)
APN
1601105001
UPID
US25-2368155
Jurisdiction
DALLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2019
Construction
FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
6.41 ac
Current owner
From public records · entity-resolved
Jai Hanuman LLC
Entity
Free & Clear · 8 yrs held
Mailing address
7300 WESTOWN PKWY STE #310, WEST DES MOINES, IA 50266-2527
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2020
—
Penta Partners LLC
—
Deed
related
$3,920,000 · Northwest Bank
Jul 26, 2019
—
Penta Ptrs LLC
—
Trustees Deed
related
$1,258,000 · Northwest Bk
Jun 6, 2018
$1,468,000
Jai Hanuman LLC
Penta Ptrs LLC
Warranty Deed
—
Mar 22, 2018
—
Penta Ptrs LLC
—
Deed
related
$5,050,000 · Dfl
May 24, 2017
—
Penta Partners LLC
7300 Westown LLC
Quit Claim Deed
related
—
Mar 2, 2017
$4,250,000
7300 Westown LLC
Rref Rb-ia Lbp LLC
Grant Deed
$4,215,000 · Dfl Trust (pt)
May 29, 2015
$3,000,000
Rref Rb-ia Lbp LLC
Sheriff Of Dallas County|lb Properties Xxviii LLC
Trustees Deed
—
May 4, 2009
—
Lb Properties Xxviii LLC
—
Loan Modification
related
$8,345,715 · Regions Bk
May 9, 2008
$245,500
Witmer,jerry L
Lb Properties Xxviii LLC
Warranty Deed
—
Jan 3, 2007
$9,500,000
Lb Properties Xxviii LLC
Briggs Medical Service Co
Warranty Deed
—
—
—
Lb Properties Xxviii LLC
—
Deed Of Trust
related
$1,461,331 · Ladco Capital INC
—
—
Penta Ptrs LLC
—
Deed Of Trust
related
$3,920,000 · Northwest Bk
—
—
Penta Ptrs LLC
—
Deed Of Trust
related
$5,050,000 · Dfl
—
—
Lb Properties Xxviii LLC
—
Deed Of Trust
related
$450,000 · Judith & John Schmidt
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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