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The Shops on University 2355 E University Ave 797 - 1,667 SF of Retail Space Available in Des Moines, IA 50317
HIGHLIGHTS
- Heavy Traffic on University Ave with over 28,000 vehicles a day
- Monument Signage
- Front door parking
- Close Freeway Access
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 797 SF | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $16,688 CAD/YR $1,391 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 103 | 870 SF | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $18,217 CAD/YR $1,518 CAD/MO | Triple Net (NNN) |
2355 E University Ave - 1st Floor - Ste 100
Suite 100: 797 SF @ $15.00 PSF/NNN Front Door Parking Monument Signage 28,000 VPD Close Freeway Access: .6 miles to I-235 Co-Tenants Include: Body Soul Massage, Boost Mobile, Prime Spot, LV Nails, The Laundry Place, East Side Barber, & Shag
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
2355 E University Ave - 1st Floor - Ste 103
Suite 103 Available 870 SF $15.00 PSF/NNN Front Door Parking Monument Signage 28,000 VPD Close Freeway Access: .6 miles to I-235 Co-Tenants Include: Raika, Body Soul Massage, Boost Mobile, Prime Spot, LV Nails, The Laundry Place, East Side Barber, & Shag
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE SHOPS ON UNIVERSITY
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Boost Mobile
- Wireless Communications
- 4,491
- International
- Eastside Barber Shop
- -
- -
- -
- L V Nails
- Services
- 1
- -
- LaModerna Furniture
- -
- -
- -
- Shag
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Boost Mobile | Wireless Communications | 4,491 | International |
| Eastside Barber Shop | - | - | - |
| L V Nails | Services | 1 | - |
| LaModerna Furniture | - | - | - |
| Shag | - | - | - |
PROPERTY FACTS
| Total Space Available | 1,667 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 9,625 SF |
| Parking | 45 Spaces | Total Land Area | 0.95 AC |
| Stores | 9 | Year Built | 2008 |
| Center Properties | 1 |
| Total Space Available | 1,667 SF |
| Center Type | Strip Center |
| Parking | 45 Spaces |
| Stores | 9 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 9,625 SF |
| Total Land Area | 0.95 AC |
| Year Built | 2008 |
ABOUT THE PROPERTY
Over 28,000 vehicles drive by Shops on University a day. The center is a close proximity to I-235 and Anderson Erickson Dairy. Easy access to all retail shops with front door parking and monument signage on University Avenue.
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
The Shops on University | 2355 E University Ave
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