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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
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
  • 1st Floor
  • 70,180 SF
  • Industrial
  • -
  • 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

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

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

Property Taxes

Parcel Number
010-04638001002
Land Assessment
$346,000
Improvements Assessment
$4,944,000
Total Assessment
$5,290,000
  • Listing ID: 36586661

  • Date on Market: 7/2/2025

  • Last Updated:

  • Address: 2301 Fleur Dr, Des Moines, IA 50321

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