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2301 Fleur Dr 143,832 SF 100% Leased Industrial Building Des Moines, IA 50321 $11,250,000 ($78.22/SF) 7.57% Cap Rate



INVESTMENT HIGHLIGHTS
- Abundant outside storage onsite.
- 100% leased to two tenants.
EXECUTIVE SUMMARY
Warehouse distribution building with 143,832 square feet of net rentable area.
PROPERTY FACTS
| Price | $11,250,000 | Lot Size | 9.97 AC |
| Price Per SF | $78.22 | Rentable Building Area | 143,832 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.57% | Year Built | 1962 |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 6 |
| Building Class | C | No. Drive In / Grade-Level Doors | 7 |
| Zoning | DX2 - Downtown District | ||
| Price | $11,250,000 |
| Price Per SF | $78.22 |
| Sale Type | Investment |
| Cap Rate | 7.57% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 9.97 AC |
| Rentable Building Area | 143,832 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | DX2 - Downtown District |
PROPERTY TAXES
| Parcel Number | 010-04638001002 | Improvements Assessment | $4,944,000 |
| Land Assessment | $346,000 | Total Assessment | $5,290,000 |
PROPERTY TAXES
Parcel Number
010-04638001002
Land Assessment
$346,000
Improvements Assessment
$4,944,000
Total Assessment
$5,290,000
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2301 Fleur Dr
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