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- LoopNet Team
2590 Hubbell Ave
Des Moines, IA 50317
Former Gordmans · Property For Lease
HIGHLIGHTS
- Lease Price: $5.00/SF/Year NNN
- 91,000 SF building on 8 acres of land
- Outparcel opportunities
- Sale Price: $2,800,000
- Upgraded parking lot with abundant parking
- Redevelopment opportunity: retail/office/medical
PROPERTY FACTS
| Property Type | Retail | Total Land Area | 7.96 AC |
| Property Subtype | Freestanding | Year Built | 1971 |
| Gross Leasable Area | 91,096 SF | Parking Ratio | 1.85/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 91,096 SF |
| Total Land Area | 7.96 AC |
| Year Built | 1971 |
| Parking Ratio | 1.85/1,000 SF |
ABOUT THE PROPERTY
Priced at a value-add sales price of $2.8M and available to lease for $5 NNN. Great opportunity to own or lease what has been a long-standing neighborhood shopping destination with great traffic drivers in the adjacent East Point Plaza which features OctaPharma Plasma, MetroPCS, Dollar General, H&R Block, Check Into Cash, and Pizza Hut. Full access onto Hubbell Avenue which serves as the major arterial from downtown Des Moines and the East Village and State Capital east to the community of Altoona which features Prairie Meadows casino, Adventureland amusement park, Bass Pro Shops and the new Outlets of Des Moines shopping destination.
