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1700 2nd Ave 26,532 SF Vacant Industrial Building Des Moines, IA 50314 $1,600,000 ($60.30/SF)
Executive Summary
Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers:
Tenant recently extended lease through August 2027 at above-market rent
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
Tenant recently extended lease through August 2027 at above-market rent
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 began in 1879 when Carl von Linde founded the company in Germany. The modern corporation resulted from a 2018 merger between Linde AG and Praxair, an American industrial gas company. The combined entity operates across various industries including healthcare, manufacturing, food production, and electronics. Linde provides both industrial and medical gases, specialty chemicals, and engineering services. Its extensive product portfolio supports applications from medical oxygen supply to semiconductor manufacturing. The company maintains a significant global presence with operations structured around regional business units.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Manufacturing | - | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 080-05071000000 | Improvements Assessment | $1,145,000 |
| Land Assessment | $325,000 | Total Assessment | $1,470,000 |
Property Taxes
Parcel Number
080-05071000000
Land Assessment
$325,000
Improvements Assessment
$1,145,000
Total Assessment
$1,470,000
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