831 NE Venture Dr - Day Care Center FOR SALE


Waukee, IA 50263
$5,486,400 USD
512-543-7437
831 NE Venture Dr, Waukee, IA for Sale
$5,486,400 USD
Day Care Center - FOR SALE
1/5
null | 7% Cap Rate

831 NE Venture Dr
Waukee, IA 50263


HIGHLIGHTS

  • New Creations Child Care and Learning Center is a regional provider with 20 locations between Minnesota and Iowa.
  • Waukee is one of the fastest-growing suburbs in the Des Moines metro area, with its population jumping more than 30% since 2020.
  • 15 minute drive from Des Moines International Airport (DSM) which is undergoing a $445M expansion.
  • 12+ years remaining on lease with 2% annual rent escalations.
  • 10 elementary feeder schools within a 5-mile radius.
  • Average household income of $142,298 and a population of 88,708 residents within a 5-mile radius.

OVERVIEW

We are pleased to offer for sale the 12,836 SF New Creations Child Care at 801 NE Venture Drive in Waukee, Iowa. Leased to New Creations Child Care and Learning Center with over 12 years remaining and 2% annual rent escalations, the property provides stable, long-term income. Located just 15 minutes from Des Moines International Airport (DSM). This turnkey, recession-resistant asset offers investors a stable, passive investment with strong lease security, supporting both immediate cash flow and long-term portfolio growth. 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

$5,486,400 USD

PRICE/SF

$427 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

-

APN/PARCEL ID

12-27-478-002

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.