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1455 29th St - Advanced Surgery Center Of Central Iowa 11,204 SF Health Care Building Offered at $10,764,253 at a 7.50% Cap Rate in West Des Moines, IA 50266

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Investment Highlights

  • Long-term NNN Lease With Built-In Hedge Against Inflation
  • Limited Competition Due to Certificate of Need (CON)
  • Uncapped CPI Increases
  • Surgical Services With Tenant Investment – Full Interior Renovation [2018]

Executive Summary

Broker of Record
Adam Marek
License # F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154
(866) 889-0550

Property Facts

Price $10,764,253
Price Per Bed $10,764,253
Sale Type Investment
Cap Rate 7.50%
Property Type Health Care
Property Subtype Hospital
Building Class B
Lot Size 1.90 AC
Building Size 11,204 SF
No. Beds 1
No. Stories 1
Year Built/Renovated 1996/2018
Zoning PUD - PUD - Professional Commerce Park

Property Taxes

Property Taxes

Parcel Number
320-02826883000
Land Assessment
$761,000
Improvements Assessment
$2,719,000
Total Assessment
$3,480,000
  • Listing ID: 39083950

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 1455 29th St, West Des Moines, IA 50266

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