5859 Ashworth Rd - Schools FOR SALE


West Des Moines, IA 50266- Outer West Des Moines/Urbandale
$1,103,000 USD
312-676-1874
5859 Ashworth Rd, West Des Moines, IA for Sale
$1,103,000 USD
Schools - FOR SALE
1/1
null | 6.05% Cap Rate

5859 Ashworth Rd
West Des Moines, IA 50266
Outer West Des Moines/Urbandale


OVERVIEW

•7,485SF retail building with strong investment potential •Built in , offering a solid and established structure •Prime location in the thriving West Des Moines area •Currently at 100% occupancy, ensuring immediate returns •Original lease term of 10 years, with a 5-year extension •Renewal term secured through 2028, with (1) 5-year renewal option2% annual base rent increases, providing steady income growth

FOR SALE DETAILS

PRICE

$1,103,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

6.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,374 SF

ZONING

NC

APN/PARCEL ID

320-00522574000

ASK ABOUT THIS PROPERTY

Timothy FranzSVN | Chicago CommercialMore Info
312-676-1874

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

Timothy FranzSVN | Chicago CommercialMore Info
312-676-1874

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