H U R D D E V E L O P M E N T GRAND AVENUE DEVELOPMENT SITE & G R A N D A V E. D E S M O I N E S, I O W A

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Lambert Wilcox
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H U R D D E V E L O P M E N T GRAND AVENUE DEVELOPMENT SITE 2 2 0 & 3 0 0 G R A N D A V E. D E S M O I N E S, I O W A 5 0 2 6 5 R ICHIE HURD V I C E P R E S I D E N T 5 1 5. 7 7 8.

1 H U R D D E V E L O P M E N T GRAND AVENUE DEVELOPMENT SITE & G R A N D A V E. D E S M O I N E S, I O W A R ICHIE HURD V I C E P R E S I D E N T r i c h i e. h u r h u r d r e a l t y. c o m DANIEL HURD V I C E P R E S I D E N T d a n i e l. h u r h u r d r e a l t y. c o m W W W. H U R D R E A L T Y. C O M

2 EXECUTIVE SUMMARY 220 & 300 GRAND AVENUE OFFERING SUMMARY Available SF: 2,500-5,000 SF Lease Rate: Negotiable Lot Size: 0.66 Acres Zoning: Community Commercial District (CMC) Market: Submarket: Traffic Count: Des Moines West Des Moines 42,000 Retail site available for build-to-suit or ground lease located near the intersection of 63rd & Grand Avenue, just south of I-235. This site is centrally located on the border of West Des Moines and Des Moines, making it easily accessible from virtually anywhere in the Greater Des Moines Metro. New properties in the area include: Fareway Food Stores, West Bank, Taco John's, and The Dollar Tree. LOCATION OVERVIEW Des Moines has been featured on countless lists. With low unemployment rates, a high quality of life, and residential and commercial development happening on all sides of the metro; Des Moines is not only a destination, it is the place where people of all ages are choosing to live, work, and play. Just some of the lists Des Moines has been featured on: #2 Best Affordable Places to Live in the US -- U.S. News & World Report, 2016 #9 Best Place to Live in the U.S. -- U.S. News & World Report, 2017 #2 Top 10 US Cities to Land Work -- NBC News, 2015 #3 Top City for College Grads -- SmartAsset, 2015 #1 Best City for Young Professionals -- Forbes, 2014 #1 Best City for the Middle Class -- Business Insider, 2016 ALL MATERIALS AND INFORMATION RECEIVED OR DERIVED FROM. ITS DIRECTORS, OFFICERS, AGENTS, ADVISORS, AFFILIATES AND/OR ANY THIRD PARTY SOURCES ARE PROVIDED

3 PROPOSED SITE PLAN ALL MATERIALS AND INFORMATION RECEIVED OR DERIVED FROM. ITS DIRECTORS, OFFICERS, AGENTS, ADVISORS, AFFILIATES AND/OR ANY THIRD PARTY SOURCES ARE PROVIDED

4 RETAILER MAP ALL MATERIALS AND INFORMATION RECEIVED OR DERIVED FROM. ITS DIRECTORS, OFFICERS, AGENTS, ADVISORS, AFFILIATES AND/OR ANY THIRD PARTY SOURCES ARE PROVIDED

5 DES MOINES METRO LOCATION MAP GRAND AVE DEVELOPMENT ALL MATERIALS AND INFORMATION RECEIVED OR DERIVED FROM. ITS DIRECTORS, OFFICERS, AGENTS, ADVISORS, AFFILIATES AND/OR ANY THIRD PARTY SOURCES ARE PROVIDED

DEMOGRAPHICS MAP POPULATION 1 MILE 3 MILES 5 MILES Total population 9,888 74,711 193,587 Median age 34.9 37.7 35.9 Median age (male) 33.3 36.4 34.9 Median age (Female) 36.2 39.1 37.

6 DEMOGRAPHICS MAP POPULATION 1 MILE 3 MILES 5 MILES Total population 9,888 74, ,587 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 4,465 33,495 83,600 # of persons per HH Average HH income $73,651 $74,532 $72,932 Average house value $188,514 $181,325 $183,580 * Demographic data derived from 2010 US Census ALL MATERIALS AND INFORMATION RECEIVED OR DERIVED FROM. ITS DIRECTORS, OFFICERS, AGENTS, ADVISORS, AFFILIATES AND/OR ANY THIRD PARTY SOURCES ARE PROVIDED

For Information Contact: David Lasser, SIOR/CCIM

For Information Contact: David Lasser, SIOR/CCIM EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: $130,000 Price / SF: $0.74 Price / Acre: $32,178 Lot Size: 4.04 Acres Zoning: A-1 PROPERTY OVERVIEW 4.04 +/- acres, triangular shaped parcel, of partially