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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
12951857
12951872

4040 University Ave, Des Moines, IA 50311

PJ
IA B57226000
The Real Estate Department
Listed by The Real Estate Department
$18 - $20/SF/YR
466 days on market
Updated 19 days ago

Uptown Shopping Center

Building Details
Property Type Retail, Restaurant
Sub Type Office
Tenancy Multiple
Lease Type NNN
Class A
Total Building SqFt 12,970
Min Divisible SqFt 3,215
Vacant SqFt 3,215
Total Parking Spaces 33
Year Built 1946

Spaces

This second-generation restaurant space includes a commercial hood system, walk-in cooler, bar area, three restrooms, and a private party room, providing an ideal setup for a full-service restaurant or hospitality concept. Street-facing patio space offers excellent visibility along University Avenue and the opportunity for vibrant outdoor dining. Café lights and a private fenced layout create an inviting atmosphere ideal for summer seating, live acoustic music, and neighborhood gatherings
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Former US Cellular retail space. 1143 42nd Street is quite literally at Main & Main. Constructed sometime in the early-to-mid 20th century, this character-rich property sits at the corner of 42nd and University Avenue — one of the most recognizable intersections on Des Moines' west side — where the energy of the Drake neighborhood hums around you every single day.

The available suite offers a rare combination: bones that tell a story and infrastructure that means business. Modern electrical, plumbing, and data systems mean you're not trading charm for capability. Ample on-site parking removes the friction that plagues so many urban addresses. And concierge-level property management means that when something needs attention, it gets handled — quietly, professionally, before it becomes your problem.

The space is well-suited for professional office, boutique retail, or medical/wellness uses with appropriate updates. Whatever your business, the address works in your favor.

And then there's the neighborhood. The Drake neighborhood is one of the largest, oldest, and most diverse in Des Moines — home to Drake University, the city's oldest independent art-house movie theater, coffee shops, pubs, great restaurants, century-old churches, mature trees, a fabulous live music and art scene, and incredible people. The Uptown Shopping Center at 42nd and University is anchored by Hy-Vee and draws a diverse mix of businesses and daily foot traffic, making your corner one of the most visible and accessible commercial addresses in the area.

This is a neighborhood where people are looking for walkable areas with unique local businesses to support. It's a community that shows up — for the businesses, the people, and the places that are authentically part of it.

If you're ready to plant your flag somewhere that means something, this is your corner.

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Retail | 1 space available | 3,215 SqFt

Building description

Located in one of Des Moines’ most established retail corridors, Uptown Shopping Center presents a rare opportunity to lease retail, office, or prime restaurant space at the intersection of 42nd and University. Professionally maintained property with a ‘concierge’ style management company maintaining the property and tenant spaces.

Building highlights

Join well established neighborhood goods and services with Hy-Vee as the anchor. Campbell’s Nutrition, US Cellular, Bone-A-Petreat, and others enjoy this center as well.

Listing Contacts

PJ
IA B57226000
The Real Estate Department
Listed by The Real Estate Department

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Additional Information

Name
Peter Jaques
License
B57226000
Brokerage
The Real Estate Department
Title
Principal
Brokerage Address
4123 University Avenue
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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