3850 Merle Hay Rd - Office/Residential FOR SALE


Des Moines, IA 50310- Merle Hay
$1,600,000 USD
515-259-1041
3850 Merle Hay Rd, Des Moines, IA for Sale
$1,600,000 USD
Office/Residential - FOR SALE
1/5
null | Request Cap Rate

3850 Merle Hay Rd
Des Moines, IA 50310
Merle Hay


HIGHLIGHTS

  • High Visibility on Two Major Roads
  • High-Density, High-Income Area
  • Direct Access to Amenities, including Medical, Grocery, Restaurants and Apparel
  • Direct Access to Bus Line

OVERVIEW

Vintage 1966 office tower plus adjacent 12,800 sf vintage theatre, attached to super regional shopping center with Target, Kohl's + Sephora, Old Navy, Ross, FLIX Brewhouse, 5 Below, 5 Guys Burgers & Fries, Serenity Esthetics, and other national and regional tenants. 6 story high rise, non sprinkled, 2 elevator banks, concrete and steel, boiler with hot water heat. Deeded parking is available including directly adjacent parking ramp.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$24 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Merle Hay Tower

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

275

LAND DETAILS

LAND ACRES

9.62 AC

LAND SF

419,047 SF

ZONING

C-4

APN/PARCEL ID

100-09472001012

ASK ABOUT THIS PROPERTY

Nora WalshSVN | CREATEMore Info
515-259-1041

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Nora WalshSVN | CREATEMore Info
515-259-1041

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