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1850 SW Plaza Shops Ln
Ankeny, IA 50023
Retail Property For Sale
EXECUTIVE SUMMARY
100% Leased Investment Property
NNN Leases
6784 SF Three Tenant Building
Located West of HyVee in Prairie Trail Area
Upscale Finishes and Ample Parking for the Complex
SALES PRICE - $2,050,000 – 6% Rate of Return
NNN Leases
6784 SF Three Tenant Building
Located West of HyVee in Prairie Trail Area
Upscale Finishes and Ample Parking for the Complex
SALES PRICE - $2,050,000 – 6% Rate of Return
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront
Building Size
6,784 SF
Building Class
B
Year Built
2015
Price
$2,050,000
Price Per SF
$302.18
Cap Rate
6%
NOI
$123,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.58 AC
Zoning
PUD
Parking
30 Spaces (4.42 Spaces per 1,000 SF Leased)
Frontage
187’ on Plaza Shops Ln
PROPERTY TAXES
| Parcel Number | 181-15775104001 | Improvements Assessment | $1,069,000 |
| Land Assessment | $361,000 | Total Assessment | $1,430,000 |
PROPERTY TAXES
Parcel Number
181-15775104001
Land Assessment
$361,000
Improvements Assessment
$1,069,000
Total Assessment
$1,430,000
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