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Haymarket Square Shopping Center presents a unique investment opportunity in a thriving retail environment. This 269,705 square foot shopping center offers multiple tenancy options, with spaces ranging from a minimum of 2,000 square feet to a maximum contiguous space of 56,700 square feet. Recently renovated in 2024, the center boasts brand new facades, updated signage, and significantly improved common areas. The property benefits from an exceptionally high traffic count, exceeding 35,000 vehicles per day at the Merle Hay and Aurora intersection, and enjoys convenient access to Interstate 35/80, carrying over 100,000 vehicles daily. This strategic location is surrounded by a dense population, with nearly 90,000 residents within a 3-mile radius and 188,000 within 5 miles. The center's strong retail synergy is further enhanced by its proximity to major national retailers including Target, Ross, Ulta, Five Below, Kohl's, Hobby Lobby, Burlington, Chick-fil-A, and Starbucks. Adding to its appeal, new tenants, 7 Brew and Green State Credit Union, are slated to open soon, further solidifying the center's position as a premier retail destination. This is an exceptional opportunity to secure space in a high-performing, well-located shopping center with significant growth potential.
Highlights
Haymarket Square Shopping Center: 269,705 SF shopping center with 5 available spaces ranging from 2,000 SF to 56,700 SF.
Newly renovated in 2024 with modern facades, signage, and common area improvements.
High traffic location with over 35,000 vehicles per day (VPD) at Merle Hay & Aurora, and close proximity to I-35/80 (100,000 VPD).
Strong trade area with nearly 90,000 people within 3 miles and 188,000 within 5 miles.
Excellent retail synergy; nearby national retailers include Target, Ross, Ulta, Five Below, Kohl's, Hobby Lobby, Burlington, Chick-fil-A, and Starbucks.
New tenants 7 Brew and Green State Credit Union opening soon.
Property Details
for 4365 Merle Hay Rd
Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
269,705 SF
Year Renovated
2024
Unit(s) available at that property
Space
Suite 17
Size
9,543 SF
Space
Suite 9
Size
9,714 SF
Space
Suite 16
Size
2,185 SF
Space
Suite 12
Size
2,000 SF
Space
Box
Size
56,700 SF
Location Insight
City
Des Moines
County
Polk
State
Iowa
Latitude
41.63959883
Longitude
-93.69753539
4365 Merle Hay Rd, Des Moines, Iowa
Nearby Similar for Lease
For LeaseCall for price
Des Moines Retail Center
Prime Ingersoll Ave. location, 32,418 SF available.
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