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3321 E 14th St
Des Moines, IA 50316
Retail Property For Sale
EXECUTIVE SUMMARY
Standalone investment property featuring 4,760 SF of retail space. Long-time current tenant has leased the space
since 1997. Corner lot at E 14th St and E Ovid Ave with frontage to E 14th St. Traffic is over 18,200 AADT.
Minutes from the I-235 Euclid exit. I-235 sees over 83,000 AADT. NNN Lease Structure with tenant paying for
expenses. Property presented For Sale at an 8% Cap Rate
since 1997. Corner lot at E 14th St and E Ovid Ave with frontage to E 14th St. Traffic is over 18,200 AADT.
Minutes from the I-235 Euclid exit. I-235 sees over 83,000 AADT. NNN Lease Structure with tenant paying for
expenses. Property presented For Sale at an 8% Cap Rate
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,760 SF
Building Class
C
Year Built
1968
Price
$498,000
Price Per SF
$104.62
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.39 AC
Zoning
C-2
Parking
18 Spaces (3.78 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 110-01528000000 | Improvements Assessment | $155,000 |
| Land Assessment | $119,000 | Total Assessment | $274,000 |
PROPERTY TAXES
Parcel Number
110-01528000000
Land Assessment
$119,000
Improvements Assessment
$155,000
Total Assessment
$274,000
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