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4415 Douglas Ave
Des Moines, IA 50310
Walgreens New 15 Year Absolute NNN Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 15 Year Absolute NNN Lease with Rental Increases Every 5 Years
  • Zero Landlord Obligations
  • S&P Rated BBB- Investment Grade Credit
  • $5.2MM In Reported Sales
  • Corporate Guarantee - NASDAQ:WBA
  • Fantastic Visibility with Exposure to 10,000+ VPD

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
17,900 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.28 AC
Zoning
C-2
Parking
129 Spaces (7.21 Spaces per 1,000 SF Leased)
Frontage
363’ on Douglas Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
100-07377001000
Land Assessment
$1,430,000
Improvements Assessment
$1,660,000
Total Assessment
$3,090,000
  • Listing ID: 31012857

  • Date on Market: 2/21/2024

  • Last Updated:

  • Address: 4415 Douglas Ave, Des Moines, IA 50310

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