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Southgate Shopping Center 3405-3411 SE 14th St 5,000 SF of Retail Space Available in Des Moines, IA 50320
HIGHLIGHTS
- Anchored by Hy-Vee, the top grocer by market share in the Des Moines area
- National tenants include Dollar General, Aaron's, Planet Fitness, and Buffalo Wild Wings
- Located on 14th Street, benefitting from traffic of 41,300 vehicles per day
- Population within a three-mile radius exceeds 71K with an average income over $83K
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 150 | 5,000 SF | Negotiable | $17.92 CAD/SF/YR $1.49 CAD/SF/MO $89,591 CAD/YR $7,466 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 150
Salon space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Anchored by Hy-Vee.
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 SOUTHGATE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Flip'N Jack's Pancake House
- Accommodation and Food Services
- 1
- -
- Planet Fitness
- Fitness
- 3,173
- International
- Senor Tequila
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Flip'N Jack's Pancake House | Accommodation and Food Services | 1 | - |
| Planet Fitness | Fitness | 3,173 | International |
| Senor Tequila | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,000 SF | Total Land Area | 3.54 AC |
| Property Type | Retail | Year Built | 1900 |
| Gross Leasable Area | 33,677 SF | Parking Ratio | 7.36/1,000 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 33,677 SF |
| Total Land Area | 3.54 AC |
| Year Built | 1900 |
| Parking Ratio | 7.36/1,000 SF |
ABOUT THE PROPERTY
Southgate Shopping Center offers retail space for lease in Des Moines, IA, anchored by the top grocer in the market, Hy-Vee, and located at a signalized intersection on SE 14th Street/U.S. 69.
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Southgate Shopping Center | 3405-3411 SE 14th St
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