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1801 2nd Ave 15,034 SF Industrial Building Des Moines, IA 50314 $1,700,000 ($113.08/SF) 9.36% Cap Rate
EXECUTIVE SUMMARY
NAI Iowa Realty Commercial is pleased to offer this 15,034 SF standalone Office/Warehouse
building located on 2nd Avenue in Des Moines. This NNN, single user investment opportunity
features a reliable tenant, NuCara Home Medical. who has been the tenant for over 25 years.
building located on 2nd Avenue in Des Moines. This NNN, single user investment opportunity
features a reliable tenant, NuCara Home Medical. who has been the tenant for over 25 years.
PROPERTY FACTS
| Price | $1,700,000 | Rentable Building Area | 15,034 SF |
| Price Per SF | $113.08 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1989 |
| Cap Rate | 9.36% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.8/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.26 AC | ||
| Zoning | M-1 | ||
| Price | $1,700,000 |
| Price Per SF | $113.08 |
| Sale Type | Investment |
| Cap Rate | 9.36% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.26 AC |
| Rentable Building Area | 15,034 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 1.8/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-1 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,113,000 | |
| Land Assessment | $187,000 | Total Assessment | $1,300,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$187,000
Improvements Assessment
$1,113,000
Total Assessment
$1,300,000
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1801 2nd Ave
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