3607 NE Otterview Cir - Office FOR SALE


Ankeny, IA 50021- Outer Ankeny/Saylorville | 
$3,700,000 USD
515-341-3849
3607 NE Otterview Cir, Ankeny, IA for Sale
$3,700,000 USD
Office - FOR SALE
1/38
null | Request Cap Rate

3607 NE Otterview Cir
Ankeny, IA 50021
Outer Ankeny/Saylorville


HIGHLIGHTS

  • Great Ankeny Location on North side right off interstate
  • Large Modern Office Space
  • 3 very different spaces for Investment diversification

OVERVIEW

Marketing description Exceptional opportunity to acquire a versatile multi-tenant commercial property featuring three distinct suites and a unique mix of professional office and restaurant space. The building offers approximately 9,107 SF across the three suites, with each space providing a different layout, size and potential tenant profile. The largest office suite offers 4,257 SF of highly functional professional space. The main level features a dedicated reception area, nine private offices including two executive offices, a large conference room, and separate men's and women's restrooms. The upper level sets this space apart with a large open training and gathering room, wet bar with an impressive 12-foot island, kitchenette, additional restroom and access to an outdoor patio. The layout provides flexibility for traditional office users as well as companies needing dedicated training, meeting or event space. A second 1,957 SF executive office suite provides an attractive option for smaller professional users. This two-level space features a reception area, two main-level offices, conference room, kitchenette, printer/storage area and restroom. Upstairs are three spacious executive offices, an additional restroom and outdoor patio access. Its combination of five private offices and dedicated meeting space creates a polished, efficient environment for a wide range of professional businesses. Suite 103 consists of approximately 2,893 SF of restaurant space, adding another dimension to the property's tenant mix. The restaurant features a large bar, private booth seating, a separate back dining room and access to an outdoor patio, creating an appealing opportunity for food and beverage operators. Together, the three suites create a property with diversified leasing potential across professional office, executive office and restaurant uses. The variety of suite sizes and configurations allows the building to appeal to multiple tenant profiles rather than relying on a single type of commercial user. With distinctive interior build-outs, multiple outdoor patio areas and three independently marketable spaces, the property presents a compelling opportunity for an investor seeking a multi-tenant commercial asset or an owner-user looking to occupy a portion of the building while generating income from the remaining suites. Investment highlights Sale Listing Highlights Three Distinct Commercial Suites Approximately 9,107 SF Across the Three Suites Diversified Office + Restaurant Tenant Mix 4,257 SF Professional Office / Training Suite 1,957 SF Executive Office Suite 2,893 SF Restaurant Suite Multiple Outdoor Patio Areas Restaurant Build-Out with Large Bar, Booth Seating & Additional Dining Room Large Office Suite with 9 Private Offices + Training/Gathering Facility Smaller Executive Suite with 5 Private Offices + Conference Room High-Quality, Functional Interior Build-Outs Multiple Potential Tenant Profiles Opportunity for Investor or Owner-User Ability to Generate Income from Multiple Independently Marketable Suites

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$408 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Otter Creek Office

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

CR

APN/PARCEL ID

181/15275-825-001

ASK ABOUT THIS PROPERTY

Ryan HooverWeichert Realtors - The 515 AgencyMore Info
515-341-3849

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Ryan HooverWeichert Realtors - The 515 AgencyMore Info
515-341-3849

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