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The Foundry at Valley Junction 111 S 11th St 6,042 - 15,151 SF of Retail Space Available in West Des Moines, IA 50265
Highlights
- Available Square Feet: 6,042 SF up to 15,151 SF
- Clear Height: 18’ - 20’
- Features: Plug-and-Play Restaurant with 1,398 SF Patio
- Lease Rate: $17.00/SF NNN
- Parking: 140 Existing Parking Stalls
- Join our new tenant, T12 Distillery, in the heart of West Des Moines’ vibrant Valley Junction District
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,042-15,151 SF | Negotiable | $17.00 /SF/YR $1.42 /SF/MO $257,567 /YR $21,464 /MO | Triple Net (NNN) |
1st Floor
This space offers a unique opportunity for a restaurant or entertainment concept. Join our new tenant, T12 Distillery, in the heart of West Des Moines’ vibrant Valley Junction District. Originally built in 1899 and thoughtfully remodeled down to the studs in 2017, this property is well suited for any business looking to stand out with unique space and a historical building with a high level of finishes. The space offers an abundance of benefits including a turnkey kitchen, high ceilings, and an open floorplan. As part of The Foundry — a design-forward redevelopment that brings food, craft, and community under one roof — this location gives tenants the opportunity to build a destination within a destination.
- Lease rate does not include utilities, property expenses or building services
- Available Square Feet: 6,042 SF up to 15,151 SF
- Lease Rate: $17.00/SF NNN
- Clear Height: 18’ - 20’
- Parking: 140 Existing Parking Stalls
- Features: Plug-and-Play Restaurant with 1,398 SF P
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 15,151 SF | Property Subtype | Restaurant |
| Min. Divisible | 6,042 SF | Gross Leasable Area | 15,151 SF |
| Property Type | Retail | Year Built | 2018 |
| Total Space Available | 15,151 SF |
| Min. Divisible | 6,042 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 15,151 SF |
| Year Built | 2018 |
About the Property
This space offers a unique opportunity for a restaurant or entertainment concept. Join our new tenant, T12 Distillery, in the heart of West Des Moines’ vibrant Valley Junction District. Originally built in 1899 and thoughtfully remodeled down to the studs in 2017, this property is well suited for any business looking to stand out with unique space and a historical building with a high level of finishes. The space offers an abundance of benefits including a turnkey kitchen, high ceilings, and an open floorplan. As part of The Foundry — a design-forward redevelopment that brings food, craft, and community under one roof — this location gives tenants the opportunity to build a destination within a destination.
Nearby Major Retailers
