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- LoopNet Team
2590 Hubbell Ave
Des Moines, IA 50317
Former Gordmans · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Sale Price: $2,800,000
- 91,000 SF building on 8 acres of land
- Outparcel opportunities
- Lease Price: $5.00/SF/Year NNN
- Upgraded parking lot with abundant parking
- Redevelopment opportunity for retail, office, medical and mixed uses
PROPERTY FACTS
ABOUT 2590 HUBBELL AVE , DES MOINES, IA 50317
Priced at a value-add sales price of $2.8M and available to lease for $5 NNN. Great opportunity to own or lease what has been a long-standing neighborhood shopping destination with great traffic drivers in the adjacent East Point Plaza which features OctaPharma Plasma, MetroPCS, Dollar General, H&R Block, Check Into Cash, and Pizza Hut. Full access onto Hubbell Avenue which serves as the major arterial from downtown Des Moines and the East Village and State Capital east to the community of Altoona which features Prairie Meadows casino, Adventureland amusement park, Bass Pro Shops and the new Outlets of Des Moines shopping destination.
PROPERTY TAXES
| Parcel Number | 060/09233-002-003 | Improvements Assessment | $3,370,000 |
| Land Assessment | $1,720,000 | Total Assessment | $5,090,000 |
PROPERTY TAXES
