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521 E 14th St 3,168 SF 100% Leased Retail Building Des Moines, IA 50316 $1,012,042 CAD ($319.46 CAD/SF) 7.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime location with high visibility and accessibility
  • Tenants include: Wingstop (1,800 SF) and Puff Puff Pass Vape Shop (1,368 SF)
  • E 14th St - 21,800 VPD
  • Located in the Capitol East neighborhood
  • WALT Remaining: 3.7 years
  • Pylon Signage available for Tenants

ATTACHMENTS

521 East 14th

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,168 SF
Building Class
C
Year Built
1979
Price
$1,012,042 CAD
Price Per SF
$319.46 CAD
Cap Rate
7.75%
NOI
$78,433 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.42 AC
Zoning
C-2
Parking
20 Spaces (6.31 Spaces per 1,000 SF Leased)
Frontage
101’ on 14th St

AMENITIES

  • Pylon Sign

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • -

Wingstop is a high-growth franchisor and operator of restaurants that specialize in cooked-to-order, handsauced and tossed chicken wings. Founded in 1994 in Garland, Texas, they pioneered the concept of wings as a “center-of-the-plate” item for all meal occasions. They offer numerous bold, distinctive and crave able flavors on bone-in and boneless chicken wings paired with hand-cut, seasoned fries and sides made fresh daily. Their menu is highly customizable for different dining occasions, and they believe it delivers a compelling value proposition for groups, families, and individuals.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - - Triple Net -
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
040-05032001000
Land Assessment
$215,945 CAD
Improvements Assessment
$595,952 CAD
Total Assessment
$811,897 CAD
  • Listing ID: 34961392

  • Date on Market: 2025-02-27

  • Last Updated:

  • Address: 521 E 14th St, Des Moines, IA 50316

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