Merle Hay Tower

For Sale

3850 Merle Hay Road, Des Moines, IA 50310

This Des Moines property for sale is located at 3850 Merle Hay Road. The general use of Merle Hay Tower is office and it incorporates 67,325 square feet of class C office space. The current listed sale price for Merle Hay Tower is $2,200,000.

Contacts

broker

Nora Walsh

SVN | CREATE Commercial Real Estate Advisors

(515) 259-1041

Property Details

  • 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 Apr 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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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

Attachments

Getting around

  • 81/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Ross

    0.06 miles

  • Merle Hay Mall

    0.09 miles

  • Target

    0.09 miles

  • Kohl's

    0.20 miles

  • Haymarket Mall

    0.28 miles

  • Burlington

    0.30 miles

  • Price Chopper

    0.50 miles

  • Big Lots

    0.70 miles

  • ALDI

    1.73 miles

  • Fareway

    1.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Nora Walsh

SVN | CREATE Commercial Real Estate Advisors

(515) 259-1041