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2325 SE Delaware Ave
Ankeny, IA 50021
2 Tenant NNN Verizon & Five Guys (Corporate) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
6,711 SF
Building Class
B
Year Built/Renovated
2013/2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.23 AC
Zoning
C-2
Parking
72 Spaces
Frontage
158’ on Southeast Delaware Avenue

ABOUT 2325 SE DELAWARE AVE , ANKENY, IA 50021

The property is functionally very impressive, with superior access and visibility at the entrance to the Target and Home Depot. With 75 parking stalls and a parking ratio of 11: 1,000 SF, the property can easily accommodate the seemingly insatiable growth and demand of high quality restaurant and high impact service oriented retailers. The flexible design and dimensions of the building are also key to the future success of the investment. The greater Des Moines metro has historically been a highly sought-after investment target due to its strong employment base, steady growth, and insulation from major economic recession. The job market is extremely strong, led by growth from major employers including Principal, Wells Fargo, Nationwide Insurance, and Hy-Vee. Additionally, the greater Des Moines metro has attracted significant investment by Apple, Microsoft, Facebook and many other leading technology companies. Des Moines offers a very high quality of life due to its relatively high incomes and low cost of living. The subject property is surrounded by households with significant disposable income due to the low cost of living and average household incomes which exceed $90,000 per year within a 5-mile radius.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
181-00229906012
Land Assessment
$1,180,000
Improvements Assessment
$1,640,000
Total Assessment
$2,820,000
  • Listing ID: 9724790

  • Date on Market: 10/24/2017

  • Last Updated:

  • Address: 2325 SE Delaware Ave, Ankeny, IA 50021

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