3838 Westown Pkwy, West Des Moines, IA 50266

Long-Term Absolute NNN Lease | 23-year Triple Net lease with zero landlord responsibilities with +15.5 years remaining, providing passive, stable income.

Attractive Annual Rent Growth & Inflation Hedge | The lease features 2.00% annual rent increases, providing consistent NOI growth and an inflation hedge. The passive structure with no landlord responsibilities allows for stable cash flow while the surrounding area undergoes active redevelopment, enhancing long-term real estate fundamentals.

Within Valley West Corridor Redevelopment | The property is located within one of the largest planned redevelopment corridors in the Des Moines metro, centered around the adjacent Valley West Mall. The city is actively advancing a plan to reposition +650 acres of aging retail into a mixed-use, walkable district. The first phase of redevelopment is focused specifically around Valley West Drive and Westown Parkway, directly surrounding the subject property.

Oversized Parcel Providing an Ideal Covered Land Play | The 8,568 SF building is situated on a 1.93-acre parcel with excellent visibility and access along Westown Parkway. The property is located adjacent to the 57.7-acre Valley West Mall site, which serves as the primary catalyst for the surrounding redevelopment corridor and is currently being evaluated for a full mixed-use transformation.