320 S Jordan Creek Pky - Retail FOR SALE


West Des Moines, IA 50266
$25,400,000 USD
515-440-0400
320 S Jordan Creek Pky, West Des Moines, IA for Sale
$25,400,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

320 S Jordan Creek Pky
West Des Moines, IA 50266


HIGHLIGHTS

  • Prime location in Iowa’s most powerful retail corridor
  • Adjacent to Jordan Creek Town Center, a regional lifestyle hub
  • Strong national tenant lineup ensuring income stability
  • Exceptional visibility and frontage along Jordan Creek Parkway
  • Affluent trade area with household incomes over $120,000

OVERVIEW

Plaza at Jordan Creek represents a rare opportunity to acquire a trophy retail asset in the heart of Iowa’s most dominant shopping corridor. Positioned along Jordan Creek Parkway, the property benefits from exceptional visibility and seamless access to the region’s primary arterial routes. This 131,177 SF center is strategically located adjacent to Jordan Creek Town Center—one of the Midwest’s largest and most successful lifestyle destinations, attracting over 20 million annual visitors. The surrounding trade area generates more than $10 billion in annual retail sales and is supported by a robust employment base, including major corporations such as Wells Fargo, Athene USA, and Hy-Vee. This synergy ensures a steady flow of daytime traffic and sustained consumer demand. The tenant mix features leading national brands, creating a stable income stream and long-term value for investors. With affluent demographics—average household incomes exceeding $120,000 within three miles—and strong population growth, Plaza at Jordan Creek is positioned for enduring performance in a high-barrier-to-entry market.

FOR SALE DETAILS

PRICE

$25,400,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

861

LAND DETAILS

LAND ACRES

11.56 AC

LAND SF

503,554 SF

ZONING

PUD

APN/PARCEL ID

16-13-101-003,16-13-101-004

ASK ABOUT THIS PROPERTY

Mitch PhillipsFerguson Commercial Real Estate ServicesMore Info
515-440-0400

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Mitch PhillipsFerguson Commercial Real Estate ServicesMore Info
515-440-0400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.