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2411 Grand Ave
Des Moines, IA 50312
Property For Lease

HIGHLIGHTS

  • The property is located in the Ingersoll/Grand Corridor
  • Visibility from Grand Avenue
  • Existing office buildout
  • The property is west of downtown
  • Off Street Parking

PROPERTY OVERVIEW

Structure is 8000 sf total. Upper level has 4000 sf with 15 offices and 3 restrooms, lower level has 4000 sf with 7 offices and 2 restrooms. Building has been updated to full ADA standards in the last year. All new 2 inch overlay and new retaining wall added in last year as well. There are 20 parking stalls on site. There is a large commercial generator on site that powers building should the grid shut down. Fiber optic is in and there is a large server room with ample capacity. The roof has been recently replaced, all mechanicals have been repaired and/or updated and are working order. Building makes for an ideal office. Current owner recently worked from basement while renting whole of upstairs, property cash flowed well during this time. From July of 19 through Feb of this year building housed political campaign, gross lease during this period of time was $13,000.00 per month. Market rate for office on Grand Ave is typically $12-$13 NNN. Seller is Listing Agent

  • 24 Hour Access
  • Signage
  • Kitchen
  • Central Heating
  • High Ceilings
  • Natural Light
  • Partitioned Offices
  • Reception
  • Drop Ceiling
  • Air Conditioning

PROPERTY FACTS

Building Type
Office
Year Built
1959
Building Height
1 Story
Building Size
4,002 SF
Building Class
B
Typical Floor Size
4,002 SF
Parking
20 Surface Parking Spaces
  • Listing ID: 20031603

  • Date on Market: 6/24/2020

  • Last Updated:

  • Address: 2411 Grand Ave, Des Moines, IA 50312

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