3004 NW 18th St - Day Care Center FOR SALE


Ankeny, IA 50023- Outer Ankeny/Saylorville
$4,686,029 USD
512-543-7437
3004 NW 18th St, Ankeny, IA for Sale
$4,686,029 USD
Day Care Center - FOR SALE
1/5
null | 7% Cap Rate


HIGHLIGHTS

  • New Creations Child Care is a regional provider with 20 locations across Minnesota and Iowa.
  • Located north of Des Moines, Ankeny sits along I-35, providing direct north-south connectivity through Iowa.
  • The center is strategically located on the corner of NW Irvinedale Drive and NW 18th Street, providing excellent visibility and accessibility.
  • 20-mile drive from Des Moines International Airport (DSM), which is undergoing a $445M expansion.
  • 2023 remodel with 11+ years remaining on the initial term and 2.5% annual rent escalations.
  • Average household income of $129,163 and a population of 90,652 residents within a 5-mile radius.

OVERVIEW

We are pleased to exclusively offer for sale the 12,182 SF New Creations Child Care located at 3004 NW 18th Street in Ankeny, IA. This offering features a 2023 remodeled facility with 11+ years remaining on the initial lease term and attractive 2.5% annual rent escalations. Strategically positioned at the corner of NW Irvinedale Drive and NW 18th Street, the property benefits from strong visibility and convenient access, presenting a compelling and stable investment opportunity. In Association with Scott Reid & ParaSell, Inc. | Costa Mesa, California | A Licensed Iowa Broker #F06134000 | Licensed in AL, AR, AZ, CA, CO, CT, DC, FL, GA, ID, IL, IA, IN, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

FOR SALE DETAILS

PRICE

$4,686,029 USD

PRICE/SF

$385 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Creations Child Care - Ankeny, IA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

PUD

APN/PARCEL ID

181-00680899001

ASK ABOUT THIS PROPERTY

Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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