4365 Merle Hay Rd
Des Moines, IA 50310
Haymarket Square · Retail Property For Lease · 108,795 SF

Haymarket Square is a prominent retail destination positioned along Merle Hay Road in Des Moines, offering high visibility, exceptional access, and a dynamic trade area. The center benefits from direct exposure to nearly one hundred thousand vehicles per day from the I-35/80 corridor and more than thirty-four thousand vehicles per day along Merle Hay Road, giving retailers and service operators a strong opportunity to capture consistent customer traffic from both local residents and regional commuters. Surrounded by established neighborhoods, multiple schools, and major retail anchors, the center is well-integrated into one of the city's most active commercial corridors. A modern renovation program is underway, introducing a refreshed façade, enhanced pedestrian areas, and newly envisioned pad opportunities that elevate the center’s curb appeal and strengthen its long-term positioning in the market. The property already features a recognizable tenant roster that includes well-trafficked national brands such as Buffalo Wild Wings, Northern Tool, Dollar Tree, Office Depot, and Pet Supplies Plus. These co-tenants help drive steady activity throughout the day, supported by a five-mile population exceeding 188,000 and a daytime population of more than 118,000. Its central location places it near the Merle Hay Mall and key roadways, with adjacency to residential communities, employment centers, and public schools including Hoover High School, Meredith Middle School, and Urbandale High School. The surrounding demographic profile is both strong and stable, with household incomes in the trade area surpassing $100,000 and projected population growth continuing through 2028. These attributes contribute to a robust consumer base and sustained retail demand. Overall, Haymarket Square stands out as a high-profile, accessible, and well-positioned retail center undergoing a significant modernization. Its established tenant mix, compelling traffic fundamentals, strong demographics, and strategic location make it a valuable retail destination within the Des Moines market.