3130 Merle Hay Rd
Des Moines, IA 50310
Tires Plus · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 30+ year historical occupancy
- Property is adjacent to a Dollar General-anchored retail center and nearby the Merle Hay Commercial Corridor which includes Target, Ross, and more
- Property boasts exceptional frontage along Merle Hay Road, carrying 30,000 vehicles per day (VPD)
- Corporate lease backed by investment-grade tenant with S&P "A" rating
- Located in the fastest-growing midwest market
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,880 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.85 AC
Zoning
C-1
Parking
18 Spaces (2.03 Spaces per 1,000 SF Leased)
Frontage
172’ on Merle Hay
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 100-02813001000 | Improvements Assessment | $554,000 |
| Land Assessment | $431,000 | Total Assessment | $985,000 |
