1223 6th Ave - Medical FOR SALE


Des Moines, IA 50314- River Bend
$3,737,300 USD
513-300-0763
1223 6th Ave, Des Moines, IA for Sale
$3,737,300 USD
Medical - FOR SALE
1/2
null | 7% Cap Rate

1223 6th Ave
Des Moines, IA 50314
River Bend


HIGHLIGHTS

  • Recession-Proof Tenant | The plasma donation industry is widely regarded as recession-proof due to its essential role in healthcare
  • Emerging & Essential Industry | The plasma industry is currently a $28B dollar industry and is expected to grow to over $57B by 2032.
  • Leading Operator in the Space | Grifols, a global healthcare company that operates more than 400 plasma donation centers across the United States

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a Biomat USA located at 1223 6th Ave, Des Moines, IA. The site consists of roughly 11,422 rentable square feet of building space on an estimated 1.09-acre parcel of land. This Biomat USA is subject to a Triple Net (NNN) lease, which commenced 8/15/2005. The current annual rent is $261,611 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$3,737,300 USD

PRICE/SF

$139 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Biomat USA, Inc.

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

C-1

APN/PARCEL ID

080/02761-004-000

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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