Listed by CBRE - Des Moines
Unpriced
Valley West Mall
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 856,000
Year Built 1975
Year Renovated 2004
Stories 2
Acreage 57.720
Zoning PUD
Parking Spaces 264
Retail | 856,000 SqFt
Marketing description
CBRE is pleased to exclusively offer the opportunity to acquire the fee simple interest in Valley West Mall, anchored by JCPenney and located in West Des Moines, IA. Serving the Greater Des Moines metro since 1975, the property currently consists of approximately 856,000 SF on 57.72 AC of land. Located along Valley West Drive (26,000 VPD), just north of I-235 (105,000 VPD), the property presents a rare opportunity for in-fill development in the heart of the Greater Des Moines metro. Ownership intends to sell the entire parcel to one developer, without the option to split into outlots or smaller pieces.
Investment highlights
- Prime Location Central to Business & Leisure:
- Central to the Des Moines metro area, with direct visibility and access to I-235. Located at the crossroads of key interstate routes, providing easy access to surrounding cities and suburbs.
- High Traffic Area:
- Ideal for attracting retailers, businesses, and residents due to its dense surrounding development and high daytime population.
- Visibility & Accessibility:
- Immediate exposure to thousands of vehicles per day from the interstate, with several access points to the property.
- Mixed-Use Potential:
- A visionary redevelopment that could blend commercial and residential needs, taking advantage of the regional demand for integrated live-work-play spaces. City has proactively zoned the site as a PUD knowing it is slated for redevelopment
- Flexibility in Development:
- PUD zoning to accommodate a variety of commercial and residential uses.
- Infrastructure:
- Existing parking ramp with 264 stalls to accommodate a mix of uses, with possibilities for expansion.
Listing Contacts
Listed by CBRE - Des Moines
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