1300-1330 E University Ave | Des Moines, IA 50316
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- LoopNet Team
1300-1330 E University Ave
Des Moines, IA 50316
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Double Net Lease With Over 5 Years Remaining and Six, 5-Year Renewal Options
- Minimal Landlord Responsibilities
- Hard, Signalized Corner Location Within a Heavily Trafficked Corridor Near Downtown Des Moines
- No Rent Reduction During Recent Extension.
- Corporately Guaranteed Lease
- Situated Just off of Interstate 235, a Main Traffic Artery Into Downtown, Seeing 71,000+ Vehicles Per Day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,833 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.09 AC
Zoning
C-1
Parking
102 Spaces (7.34 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 110-04526000000 | Improvements Assessment | $1,714,000 |
| Land Assessment | $856,000 | Total Assessment | $2,570,000 |
PROPERTY TAXES
Parcel Number
110-04526000000
Land Assessment
$856,000
Improvements Assessment
$1,714,000
Total Assessment
$2,570,000
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