3830 Merle Hay Rd - Fast Food FOR SALE


Des Moines, IA 50310- Merle Hay
$1,523,300 USD
818-618-4522
3830 Merle Hay Rd, Des Moines, IA for Sale
$1,523,300 USD
Fast Food - FOR SALE
1/3
null | 5.25% Cap Rate

3830 Merle Hay Rd
Des Moines, IA 50310
Merle Hay


HIGHLIGHTS

  • Top Performing Location – According to Placer.ai, this location is ranked in the top 90th percentile in the USA, and top 95th percentile in Iowa.
  • Premier National Tenant – Starbucks Corporation operates over 40,000 retail stores across 77 countries, and is the largest coffee chain in the US.
  • Excellent Demographics and Trade Area – There are over 195,000 people in a 5-mile radius and average household income exceeds $100,000.
  • Lowest Rent – Among 190 single-tenant Starbucks listings at the time of this Offering Memorandum, this location pays the lowest rent.

OVERVIEW

Adam Marek License No. F03991000 (IA) (866) 889-0550 Pacific Realty Commercial, LLC 11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154

FOR SALE DETAILS

PRICE

$1,523,300 USD

PRICE/SF

$817 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STARBUCKS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

C-4

APN/PARCEL ID

100-09472001011

ASK ABOUT THIS PROPERTY

Connor OlandtMatthews Real Estate Investment ServicesMore Info
818-618-4522

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Connor OlandtMatthews Real Estate Investment ServicesMore Info
818-618-4522

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