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4444-4456 NW 128th St 7,078 SF Office Condo Unit Offered at $1,275,000 in Urbandale, IA 50323
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 312-03176305000 |
| Cap Rate | 2.84% |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.84% |
| APN/Parcel ID | 312-03176305000 |
Sale Notes
Positioned in the heart of Urbandale’s thriving commercial corridor, The Square at Days Run presents a rare opportunity for an owner/user to acquire a well-located office/retail asset with built-in income. The offering includes 7,078 SF of the 9,478 SF building, with the south endcap separately condoed. Built in 2008, the property features modern construction and is currently generating $36,260 in base rent annually from its occupied portion, providing immediate cash flow.
Strategically located just off Meredith Drive and NW 128th Street, the site offers seamless access to I-80/I-35, connecting to the Des Moines metro and surrounding suburbs. The area is experiencing rapid growth, with nearby residential developments and expanding retail presence enhancing long-term value. Monument signage along 128th Street ensures visibility, while the building’s layout supports a variety of professional or medical uses.
This is an ideal acquisition for a business owner seeking to occupy part of the space while benefiting from existing tenancy, or for an investor targeting stable returns in a high-demand submarket.
Strategically located just off Meredith Drive and NW 128th Street, the site offers seamless access to I-80/I-35, connecting to the Des Moines metro and surrounding suburbs. The area is experiencing rapid growth, with nearby residential developments and expanding retail presence enhancing long-term value. Monument signage along 128th Street ensures visibility, while the building’s layout supports a variety of professional or medical uses.
This is an ideal acquisition for a business owner seeking to occupy part of the space while benefiting from existing tenancy, or for an investor targeting stable returns in a high-demand submarket.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4446-4456 | 7,078 SF | Office | $1,275,000 ($180.14/SF) | $36,260 |
Unit 4446-4456
| Unit Size |
| 7,078 SF |
| Condo Use |
| Office |
| Price |
| $1,275,000 ($180.14/SF) |
| NOI |
| $36,260 |
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Unit 4446-4456
| Unit Size | 7,078 SF |
| Condo Use | Office |
| Price | $1,275,000 ($180.14/SF) |
| NOI | $36,260 |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.84% |
| APN/Parcel ID | 312-03176305000 |
| Sale Notes | |
| Positioned in the heart of Urbandale’s thriving commercial corridor, The Square at Days Run presents a rare opportunity for an owner/user to acquire a well-located office/retail asset with built-in income. The offering includes 7,078 SF of the 9,478 SF building, with the south endcap separately condoed. Built in 2008, the property features modern construction and is currently generating $36,260 in base rent annually from its occupied portion, providing immediate cash flow.<br> <br> Strategically located just off Meredith Drive and NW 128th Street, the site offers seamless access to I-80/I-35, connecting to the Des Moines metro and surrounding suburbs. The area is experiencing rapid growth, with nearby residential developments and expanding retail presence enhancing long-term value. Monument signage along 128th Street ensures visibility, while the building’s layout supports a variety of professional or medical uses.<br> <br> This is an ideal acquisition for a business owner seeking to occupy part of the space while benefiting from existing tenancy, or for an investor targeting stable returns in a high-demand submarket.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 9,478 SF | Typical Floor Size | 7,078 SF |
| Property Type | Office (Condo) | Year Built | 2008 |
| Building Class | B | Lot Size | 1.93 AC |
| Floors | 1 | ||
| Zoning | PUD - Planned Urban Development | ||
| Total Building Size | 9,478 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 7,078 SF |
| Year Built | 2008 |
| Lot Size | 1.93 AC |
| Zoning | PUD - Planned Urban Development |
Amenities
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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4444-4456 NW 128th St
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