3261 E Euclid Ave | Des Moines, IA 50317
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- LoopNet Team
3261 E Euclid Ave
Des Moines, IA 50317
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10 Year Corporately Guaranteed Lease | Former Family Dollar Location was Renovated in 2022 for Dollar General
- Rent Increases in Each Option | Five, Five Year Renewal Options with 10% Increases In Each Option
- Situated Next to McDonald’s and Outparcel to a Shopping Center Just off of I-235 (55,600 VPD)
- Double Net Lease | Landlord Responsible for Roof and Structure, Tenant Reimburses for CAM Expenses
- Located Along Euclid Avenue Seeing 14,140+ VPD Near a Dense Industrial and Retail Corridor
- Strong Demographics: Population of 127,400+ Within 5-Miles | Population is Projected to Grow by 5.5% In 2026
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,054 SF
Building Class
B
Year Built/Renovated
1996/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.65 AC
Zoning
PUD - Planned Urban Development
Parking
24 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 060-02596401002 | Improvements Assessment | $1,062,000 |
| Land Assessment | $328,000 | Total Assessment | $1,390,000 |
PROPERTY TAXES
Parcel Number
060-02596401002
Land Assessment
$328,000
Improvements Assessment
$1,062,000
Total Assessment
$1,390,000
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