Riverpoint Business Park FOR SALE


Des Moines, IA - Downtown Des Moines
$18,880,000 USD
515-415-6100
, Des Moines, IA for Sale
$18,880,000 USD
FOR SALE
1/24
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Riverpoint Business Park
Des Moines, IA
Downtown Des Moines


HIGHLIGHTS

  • Nearby amenities including hotels with conference facilities, restaurants, retail, medical, and Court Avenue Entertainment District.
  • The portfolio is strategically positioned along multiple mass transit bus routes, providing convenient, high-frequency access.
  • Managed by Hubbell Realty Company.
  • Free, on-site surface parking at all properties.
  • Constructed in a small (shallow) bay format, these buildings feature optimum flexibility for office, warehouse, and showroom needs.
  • The opportunity to own this portfolio is almost singular in nature as there exists significant barriers to development of similar small bay product.

OVERVIEW

CBRE is pleased to offer this value-add investment opportunity to own five (5) small bay (office/warehouse) buildings within Riverpoint Business Park. Strategically located on the south end of Des Moines’ Central Business District, these five buildings feature flexible and modern workspaces, while catering to tenant’s diverse operational needs. Businesses at Riverpoint benefit from a professional atmosphere complemented by free, surface-level parking and immediate accessibility to the Des Moines Regional Transit Authority (DART) mass transit system. While the Riverpoint Business Park Portfolio is being marketed as a cohesive five-building offering totaling 229,164 RSF across 16.917 acres, the Seller will also evaluate proposals for select individual assets or logical multi-building combinations. This flexibility provides investors with the opportunity to acquire the full scale and operational synergy of the entire portfolio or tailor an acquisition to specific size, tenancy, or repositioning objectives.

ASK ABOUT THIS PROPERTY

Bill WrightCBREMore Info
515-415-6100

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Bill WrightCBREMore Info
515-415-6100

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