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1700 2nd Ave 26,532 SF 100% Leased Industrial Building Des Moines, IA 50314 $1,600,000 ($60.30/SF)
EXECUTIVE SUMMARY
INDUSTRIAL WAREHOUSE
Sale Price: $1,600,000
Building Size: 26,532 SF Total
Land Area: 2.065 AC
Year Built: 1962 - 1981
Zoning: I1 - Industrial District
Clear Height: 16’ - 23’
Building leased through March 2026
MAIN BUILDING
• 20,644 SF
• 6,300 SF of showroom/office
• 2 Dock doors (8’ x 10’ & 8’ x 9’)
• 6 Drive-in doors of varying sizes
ADDITIONAL WAREHOUSE BUILDING
• 5,888 SF
• 5 Interior dock doors
• Restroom & small office
PROPERTY FACTS
| Price | $1,600,000 | Rentable Building Area | 26,532 SF |
| Price Per SF | $60.30 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1962 |
| Property Type | Industrial | Parking Ratio | 0.45/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | B | No. Drive In / Grade-Level Doors | 10 |
| Lot Size | 2.07 AC | ||
| Zoning | I1 - Industrial District | ||
| Price | $1,600,000 |
| Price Per SF | $60.30 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.07 AC |
| Rentable Building Area | 26,532 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 0.45/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | I1 - Industrial District |
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Manufacturing
- -
- -
- -
Linde is a leading global industrial gases and engineering company. They live their mission of making the world more productive every day by providing high-quality solutions, technologies and services which are making their customers more successful and helping to sustain, decarbonize and protect the planet. The company serves a variety of end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases and technologies are used in countless applications including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity & specialty gases for electronics. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Manufacturing | - | - | - |
PROPERTY TAXES
| Parcel Number | 080-05071000000 | Improvements Assessment | $1,145,000 |
| Land Assessment | $325,000 | Total Assessment | $1,470,000 |
PROPERTY TAXES
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1700 2nd Ave
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