Merle Hay Tower

3850 Merle Hay Road, Des Moines, IA 50310

Property Information

  • For Sale $1,600,000
  • Property Type Office - General Office
  • Property Size 67,325 SF
  • Parking Ratio 5.00 / 1,000 SF
  • Building Class C
  • Year Built 1966
  • Date Updated May 13, 2026

Description

Merle Hay Mall is located conveniently at the border of Urbandale and Des Moines in a densely-populated residential area with approximately 90,000 people within a 3-mile radius and the greatest number of high income households in the market. This retail corridor is in a prime location along Merle Hay Road, which is Des Moines' third most traveled road. The Merle Hay Tower boasts impressive amenities including its location along three bus lines, direct indoor access to the super-regional mall, a two-story parking deck directly outside the entrance, and a former theater space ideal for re-purposing as common area space also connected directly to the building.Merle Hay Mall is located conveniently at the border of Urbandale and Des Moines in a densely-populated residential area with approximately 89,000 people within a 3-mile radius and the greatest number of high income households in the market. This retail corridor is in a prime location along Merle Hay Road, which is Des Moines' third most traveled road. The sale includes a six story high rise and adjacent former theater, which could be used for a medical or event center. This redevelopment opportunity is best suited for active seniors housing or multifamily due to the Tower's direct access to amenities such as grocery, apparel, lifestyle, entertainment, and public transit; however, ownership is motivated to redevelop and would be open to other uses that coincide well with the mall. Most notable tenants ownership has brought to the mall within the past few years includes FLIX Brewhouse Luxury Theater, Ross Dress For Less, Gameday Sports Bar & Restaurant and more. Existing tenants include Kohl's, Target, Merle Hay Lanes, Ulta, Old Navy, Massage Heights and more!

Highlights

  • Controlled, Full Movement Lighted Intersection
  • Direct, Indoor Access to Super-Regional Mall
  • High Walkability Score
  • HVAC System in Good Condition
  • Located Along 3 Des Moines Area Transit Authority Bus Stops
  • Located Ideally on High-Traffic Merle Hay Road
  • Multiple Lot Entrances with Ample Surface and Covered Parking

Contacts

Nora Walsh

SVN | CREATE Commercial Real Estate Advisors

Location

Located at 3850 Merle Hay Road, Des Moines, IA 50310, this property is part of the Merle Hay neighborhood and Des Moines market.

Contact Listing Broker
Nora Walsh

SVN | CREATE Commercial Real Estate Advisors

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