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4570 University Ave

6,916 SF Retail Building West Des Moines, IA 50266 $2,495,000 ($361/SF)

Investment Highlights

  • Built 1998, recently remodeled
  • Kitchen Equipment Included and Grease Interceptor
  • Outdoor Patio
  • 150 parking spaces included in Restrictions and Easement Agreement
  • Outstanding Access and Highly Visible
  • Surrounded by multiple businesses including Barnes & Noble, Chickfil- A, Laughing Crab Cajun Seafood, Outback Steakhouse, Pet Smart, Bankers Trust, an

Executive Summary

Highly visible, 6,916 square foot standalone restaurant available for sale or lease in West Des Moines, Iowa. Located on University Avenue, a major thoroughfare featuring a mix of businesses, restaurants, shopping centers, and residential areas. The property comes fully equipped with fixtures and equipment, making it a turn-key opportunity for aspiring or established restaurant owners.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,916 SF
Building Class
B
Year Built
1998
Price
$2,495,000
Price Per SF
$361
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.67 AC
Zoning
PUD OFFICE - Office Planned Unit Development
Parking
150 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
158 FT on University Ave

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,916 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 6,916 SF Retail - Now

1st Floor

Size
6,916 SF
Space Use
Retail
Position
-
Available
Now

Nearby Major Retailers

Outback Steakhouse
Village Inn
Bakers Square
Chili's Grill & Bar
CIBC
Cracker Barrel Old Country Store
Starbucks
Jason's Deli
Whole Foods Market
Hu Hot Mongolian Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
320-01438101000
Land Assessment
$525,000
Improvements Assessment
$1,215,000
Total Assessment
$1,740,000
  • Listing ID: 31459731

  • Date on Market: 4/9/2024

  • Last Updated:

  • Address: 4570 University Ave, West Des Moines, IA 50266

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