The KataLYST Team at KW Commercial is proud to present this value-driven, multi-tenant office investment located in the thriving community of Ankeny, Iowa. Currently, over 70% of the net rentable square footage is leased to the USDA under a gross lease—providing investors with the stability of government- backed income. With strong in-place cash flow and the opportunity to lease up the remaining space or renegotiate terms, this property offers a path to double-digit cash-on-cash returns for those who know how to unlock value. It's a rare blend of secure tenancy and strategic upside in one of Central Iowa’s most dynamic submarkets.