Retail Business for Sale in Des Moines, IA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Des Moines, IA 50317

Description

This investment is being offered at $1,300,000 1 of 2 Previous Next ← Move left → Move right ↑ Move up ↓ Move down + Zoom in - Zoom out Des Moines, Iowa Des Moines, Iowa View on Google Maps Custom Imagery This image is no longer available Keyboard shortcuts Map Data © 2026 Google © 2026 Google Terms Report a problem Gallery (2) View Map Street View × Dollar General Close Investment Highlights NN Lease with 6.5 Years Remaining - Former Family Dollar Converted to DG in 2022 2025 Total Assessed Value According to Polk County Assessor (Building and Land) is $1,390,000 Landlord is Responsible for Roof, Structure and Parking Lot Replacement Located Less Than Six Miles from Downtown Des Moines Store is Positioned Directly Next Door to McDonald's and on a Dense Retail Corridor with Other National Tenants Including Goodwill, Little Caesars, Wendy's, KFC, Subway, Walgreens, Bank of America, Wells Fargo as well as Other Local and Medical Tenants and a Strong Industrial Presence Store is Ranked Top 20% in the State of Iowa (Placer.ai) Infill Location and More Than 127,000 People Within a Five Mile Radius Tenant is Responsible for HVAC Repair and Replacement, as well as Snow $Ice Removal Investment Highlights: • NN Lease with 6.5 Years Remaining - Former Family Dollar Converted to DG in 2022 • 2025 Total Assessed Value According to Polk County Assessor (Building and Land) is $1,390,000 • Landlord is Responsible for Roof, Structure and Parking Lot Replacement • Located Less Than Six Miles from Downtown Des Moines • Store is Positioned Directly Next Door to McDonald's and on a Dense Retail Corridor with Other National Tenants Including Goodwill, Little Caesars, Wendy's, KFC, Subway, Walgreens, Bank of America, Wells Fargo as well as Other Local and Medical Tenants and a Strong Industrial Presence • Store is Ranked Top 20% in the State of Iowa (Placer.ai) • Infill Location and More Than 127,000 People Within a Five Mile Radius • Tenant is Responsible for HVAC Repair and Replacemen

Market Context

This retail in Des Moines, IA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Des Moines, IA — <a href="/search/sale/retail/iowa/des-moines">view the full market</a>.

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