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2301 Fleur Dr 143,832 SF 100% Leased Industrial Building Des Moines, IA 50321 $9,350,000 ($65.01/SF) 9.11% 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. Located on the east side of Fleur Drive, just south of Gray's Lake; entrance is on the north side of Bell Avenue. Convenient access to downtown, the Des Moines Airport, and the south beltway.
Property Facts
| Price | $9,350,000 | Lot Size | 9.97 AC |
| Price Per SF | $65.01 | Rentable Building Area | 143,832 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 9.11% | Year Built | 1962 |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 5 |
| Building Class | C | No. Drive In / Grade-Level Doors | 7 |
| Zoning | DX2 - Downtown District | ||
| Price | $9,350,000 |
| Price Per SF | $65.01 |
| Sale Type | Investment |
| Cap Rate | 9.11% |
| 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 | 5 |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | DX2 - Downtown District |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Available on January 1, 2027 For Lease: 70,180 SF Office finish of approximately 6,000 SF 5 dock doors and 1 drive-in door Clear Height: 18-20 feet Column Spacing: 30' x 60' Power: 1,200 amp, 480 3-Phase Zoning: DX2 - Downtown District
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 70,180 SF | Industrial | - | Jan 2027 |
1st Floor
| Size |
| 70,180 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Jan 2027 |
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1st Floor
| Size | 70,180 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Jan 2027 |
Available on January 1, 2027 For Lease: 70,180 SF Office finish of approximately 6,000 SF 5 dock doors and 1 drive-in door Clear Height: 18-20 feet Column Spacing: 30' x 60' Power: 1,200 amp, 480 3-Phase Zoning: DX2 - Downtown District
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Exceptionally bikeable
90/100
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
1 of 84
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map




