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521 E 14th St 3,168 SF 100% Leased Retail Building Des Moines, IA 50316 $725,000 ($228.85/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime location with high visibility and accessibility
- Tenants include: Wingstop (1,800 SF) and Puff Puff Pass Vape Shop (1,368 SF)
- E 14th St - 21,800 VPD
- Located in the Capitol East neighborhood
- WALT Remaining: 3.7 years
- Pylon Signage available for Tenants
PROPERTY FACTS
AMENITIES
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Triple Net
- -
Wingstop is a publicly traded restaurant chain (NASDAQ:?WING) specializing in cooked-to-order chicken wings, tenders, sandwiches, and seasoned sides. Founded in 1994 in Garland, Texas, by Antonio Swad and Bernadette Fiaschetti, the company inaugurated franchising in 1997 and went public in 2015. Headquartered in Dallas, Wingstop has surpassed 3,000 global locations as of late 2025, marking a rapid expansion that includes significant international growth across multiple countries. The chain is known for twelve signature wing flavors, thematic décor, and strong same-store sales growth spanning more than two decades. Key milestones include reaching its 3,000th restaurant in November 2025 and becoming the Official Chicken Partner of the NBA.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | - | Triple Net | - |
PROPERTY TAXES
| Parcel Number | 040-05032001000 | Improvements Assessment | $425,000 |
| Land Assessment | $154,000 | Total Assessment | $579,000 |
PROPERTY TAXES
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521 E 14th St
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