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2680 Berkshire Pky 18,823 SF 100% Leased Office Building Des Moines, IA 50325 $3,757,600 ($199.63/SF) 7.50% Cap Rate
Investment Highlights
- Class A Office Building
- Near Hickman Road with 30,000 vehicles per day
- Sale/Leaseback Opportunity
- Minutes from Waukee Towne Center, Hy-Vee, Grocery, and many restaurant amenities
Executive Summary
CBRE is pleased to present this stunning, Class A office investment opportunity in Clive, Iowa. 2680 Berkshire Parkway is a one-of-a-kind investment opportunity. Nestled in a the Berkshire Commons Office Park, this Class A asset is occupied by Perfection Learning, a 100-year old family-owned company specializing in K-12 curriculum solutions. The company has grown into a national leader for language arts, literature guides, and hi/lo books.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
18,823 SF
Building Class
B
Year Built
2007
Price
$3,757,600
Price Per SF
$199.63
Cap Rate
7.50%
NOI
$281,820
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,412 SF
Building FAR
0.16
Lot Size
2.74 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Perfection Learning Corporation
- Information
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Perfection Learning Corporation | Information | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 12-26-376-001 | Improvements Assessment | $2,425,660 |
| Land Assessment | $645,690 | Total Assessment | $3,071,350 |
Property Taxes
Parcel Number
12-26-376-001
Land Assessment
$645,690
Improvements Assessment
$2,425,660
Total Assessment
$3,071,350
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2680 Berkshire Pky
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