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3702-3708 Beaver Ave 8,600 SF 100% Leased Retail Building Des Moines, IA 50310 $1,248,435 CAD ($145.17 CAD/SF)



Investment Highlights
- Great visibility on main corridor through Beaverdale and busy Douglas Avenue with 18,851 vehicles per day
- Rental upside
- $149K invested in capital improvements since 2019
- Neighboring business include: Walgreens, Scooter’s Coffee, Casey’s, Pizza Hut and Boesen The Florist
Executive Summary
This center benefits from an exceptional location in the highly desirable Beaverdale neighborhood of Des Moines, Iowa. Beaverdale is known for its vibrant community atmosphere, charming residential character, and strong neighborhood support for local retailers. The property features an established roster of local tenants, including Cooney’s Tavern—a longtime Des Moines institution—along with Beaverdale Cleaners and Kinna, all of which contribute to steady customer traffic and community engagement. The center’s central position within the neighborhood also provides convenient access to downtown Des Moines, Drake University, and Merle Hay Mall, enhancing overall connectivity and appeal.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,600 SF
Building Class
C
Year Built
1959
Price
$1,248,435 CAD
Price Per SF
$145.17 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.82 AC
Zoning
C-2
Parking
28 Spaces (3.26 Spaces per 1,000 SF Leased)
Frontage
166’ on Beaver Ave
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Beaver Ave Cleaners
- Services
- -
- -
- -
- -
- Beaverdale Vintage
- Services
- -
- -
- Plus Utilities
- -
- M C M Enterprises Inc
- Services
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Beaver Ave Cleaners | Services | - | - | - | - | |
| Beaverdale Vintage | Services | - | - | Plus Utilities | - | |
| M C M Enterprises Inc | Services | - | - | - | - |
Walk Score®
Very Walkable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 100-10461005000 | Improvements Assessment | $766,798 CAD |
| Land Assessment | $469,357 CAD | Total Assessment | $1,236,155 CAD |
Property Taxes
Parcel Number
100-10461005000
Land Assessment
$469,357 CAD
Improvements Assessment
$766,798 CAD
Total Assessment
$1,236,155 CAD
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3702-3708 Beaver Ave
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