Merle Hay Tower

3850 Merle Hay Road, Des Moines, IA 50310

  • For Sale $2,200,000
  • 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 Feb 26, 2024
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!

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Attachments

Highlights

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

Contacts

broker

Nora Walsh

SVN | CREATE Commercial Real Estate Advisors

(515) 259-1041

Location

Getting Around

  • Walk Score ®

    81/100 Very Walkable
  • Transit Score ®

    38/100 Some Transit
  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Des Moines, IA
  • Neighborhood Merle Hay
  • Zip Code 50310
  • Market Des Moines

Points of Interest

  • Casey's General Store

    0.18 miles

  • Casey's General Store

    0.37 miles

  • Git N Go

    0.61 miles

  • Kum & Go

    0.63 miles

  • QuikTrip

    0.90 miles

  • Git N Go

    0.99 miles

  • Casey's General Store

    1.19 miles

  • BP

    1.25 miles

  • Hy-Vee Fast & Fresh

    1.51 miles

  • QuikTrip

    1.59 miles

  • Trestle to Trestle Trail Parking

    1.73 miles

  • Windsor Place Parking

    2.21 miles

  • Sophomore Lot

    2.78 miles

  • Lot 29

    2.83 miles

  • Lot 33

    2.86 miles

  • Lot 22

    2.89 miles

  • Lot 27

    2.90 miles

  • Lot 18

    2.91 miles

  • Lot 26

    2.94 miles

  • Lot 25

    2.94 miles

  • American Inn & Suites

    0.26 miles

  • Econo Lodge Inn & Suites Des Moines

    1.08 miles

  • Super 8 Urbandale/Des Moines Area

    1.15 miles

  • Days Inn Des Moines Merle Hay

    1.19 miles

  • Holiday Inn Hotel & Suites Des Moines - Northwest

    1.21 miles

  • Hickman Motor Lodge

    1.24 miles

  • Ramada Tropics Resort & Conference Center

    1.34 miles

  • Quality Inn & Suites

    1.36 miles

  • AmericInn Hotel & Suites Johnston

    1.58 miles

  • Motel Relax

    1.65 miles

  • Panda Express

    0.00 miles

  • Old Chicago

    0.05 miles

  • Pizza Hut Express

    0.08 miles

  • Applebee's

    0.10 miles

  • Jimmy John's

    0.14 miles

  • Burger King

    0.16 miles

  • Noodles & Company

    0.17 miles

  • Taco John's

    0.17 miles

  • Cheng's Garden

    0.19 miles

  • KFC

    0.19 miles

  • Saint Pius X School

    0.42 miles

  • Jensen Elementary School

    0.46 miles

  • Moore Elementary School

    0.60 miles

  • ISB College of Natural Health

    0.75 miles

  • Iowa School of Beauty

    0.77 miles

  • Herbert Hoover High School

    0.79 miles

  • Olmsted Elementary School

    0.84 miles

  • Urbandale High School

    0.91 miles

  • Hillis School

    1.13 miles

  • Karen Acres Elementary School

    1.18 miles

  • Apple Tree Children's Center

    2.01 miles

  • ChildServe Childcare Center

    2.16 miles

  • Traditions Children Center III

    2.25 miles

  • Traditions Children's Center III

    2.26 miles

  • Klassic Kids

    2.26 miles

  • Childtime

    2.32 miles

  • Clive Children's Center

    2.34 miles

  • Montessori Children's Center

    2.34 miles

  • Clive Children's Center II

    2.44 miles

  • Wonder Years Academy

    2.48 miles

Frequently Asked Questions

What is the lease rate for Merle Hay Tower?

Rental asking rate at Merle Hay Tower is $1,100,000.00/YR.

What is the total square footage of Merle Hay Tower?

Merle Hay Tower totals 67,325 square feet.

When was this property built?

Merle Hay Tower was built in 1966.

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Contact Listing Broker

broker

Nora Walsh

SVN | CREATE Commercial Real Estate Advisors

(515) 259-1041