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This exceptional 740,000 square foot, single-story regional shopping center in Des Moines' Merle Hay & Douglas (North Central) submarket presents a unique investment opportunity. Strategically located at the intersection of Merle Hay Rd & Douglas, this multi-tenant property boasts a diverse mix of retail, dining, and entertainment options, attracting a significant customer base. The center features major national anchors including Target, Kohl's, and Ulta, ensuring high foot traffic and brand recognition. Beyond traditional retail, the property offers a vibrant entertainment component, including a Flix Brewhouse theatre and micro-brewery, GameDay sports bar and arcade, Kids Empire active play center, a large bowling alley, and the state's largest pickleball facility. A future sports arena is also planned, further enhancing the property's appeal and long-term potential. Popular restaurants such as Starbucks, Applebee's, IHOP, and Five Guys contribute to the dynamic atmosphere. With a total of five suites, the property offers flexible leasing options, with a minimum divisible space of 1,840 square feet and a maximum contiguous space of 74,000 square feet. Currently, 90,000 square feet of space is available. This prime location and diverse tenant mix make this a compelling investment opportunity in a thriving Des Moines submarket.
Highlights
740,000 SF regional shopping center in Des Moines, IA.
Multiple tenants in a single-story building.
90,000 SF of vacant space available, divisible to 1,840 SF minimum.
Maximum contiguous space available is 74,000 SF.
Located at Merle Hay Rd & Douglas Ave, in the Merle Hay & Douglas (North Central) submarket.
Features major national retailers including Target, Kohl's, and Ulta.
Property Details
for 3800 Merle Hay Rd
Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
740,000 SF
Stories
1
Unit(s) available at that property
Space
Available Space 6
Size
25,000 SF
Rate per SF
$21
Space
Available Space 4
Size
3,000 SF
Rate per SF
$23
Space
Available Space 5
Size
3,500 SF
Rate per SF
$20
Location Insight
City
Des Moines
County
Polk
State
Iowa
Latitude
41.630097404712
Longitude
-93.698476930539
3800 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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