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Uptown Shopping Center 4040-4125 University Ave 3,215 SF of Retail Space Available in Des Moines, IA 50311
Highlights
- Hy-Vee anchored
- High Traffic
- Neighborhood center
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,215 SF | Negotiable | $27.18 CAD/SF/YR $2.26 CAD/SF/MO $87,369 CAD/YR $7,281 CAD/MO | Triple Net (NNN) |
4040 University Ave - 1st Floor
Move-in ready restaurant space (end cap) with the infrastructure that matters most. A 14' hood, in-place grease trap, and walk-in cooler mean your buildout starts ahead of the curve. The large patio extends your season and offerings. Situated in a neighborhood shopping center anchored by Hy-Vee Drug Store and liquor store, the location draws consistent daily traffic from one of Des Moines' most walkable, food-forward neighborhoods.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- 1 Loading Dock
- patio
- grease trap
- end cap
- separate party/meeting room
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 Uptown Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Heartland Animal Hospital
- Health Care
- 1
- -
- Hy-Vee
- Supermarket
- 531
- National
- Leslie's Pool Supplies
- Garden/Patio/Pool
- 974
- National
- T-Mobile
- Wireless Communications
- 8,811
- International
- U.S. Cellular
- Wireless Communications
- 905
- National
- Zumi
- Ladies' Apparel
- 1
- -
| Tenant | Description | US Locations | Reach |
| Heartland Animal Hospital | Health Care | 1 | - |
| Hy-Vee | Supermarket | 531 | National |
| Leslie's Pool Supplies | Garden/Patio/Pool | 974 | National |
| T-Mobile | Wireless Communications | 8,811 | International |
| U.S. Cellular | Wireless Communications | 905 | National |
| Zumi | Ladies' Apparel | 1 | - |
Property Facts
| Total Space Available | 3,215 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 58,416 SF |
| Parking | 154 Spaces | Total Land Area | 4.79 AC |
| Stores | 21 | Year Built | 1992 |
| Center Properties | 5 |
| Total Space Available | 3,215 SF |
| Center Type | Strip Center |
| Parking | 154 Spaces |
| Stores | 21 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 58,416 SF |
| Total Land Area | 4.79 AC |
| Year Built | 1992 |
About the Property
Welcome to a strong grocery anchored shopping center. Uptown Shopping Center is a neighborhood multi-use center with apartments, daily goods and services, coffee shop, etc. With strong growing demographics the local, regional and national tenants continue to see growth in their businesses.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
The Real Estate Department
Uptown Shopping Center | 4040-4125 University Ave
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