Log In/Sign Up
Your email has been sent.
5859 Ashworth Rd 7,482 SF Specialty Building Offered at $1,103,000 at a 6.05% Cap Rate in West Des Moines, IA 50266
Executive Summary
•7,485SF retail building with strong investment potential
•Built in , offering a solid and established structure
•Prime location in the thriving West Des Moines area
•Currently at 100% occupancy, ensuring immediate returns
•Original lease term of 10 years, with a 5-year extension
•Renewal term secured through 2028, with (1) 5-year renewal option2% annual base rent increases, providing steady income growth
•Built in , offering a solid and established structure
•Prime location in the thriving West Des Moines area
•Currently at 100% occupancy, ensuring immediate returns
•Original lease term of 10 years, with a 5-year extension
•Renewal term secured through 2028, with (1) 5-year renewal option2% annual base rent increases, providing steady income growth
Property Facts
| Price | $1,103,000 | Lot Size | 0.74 AC |
| Price Per SF | $147.42 | Building Size | 7,482 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.05% | Year Built | 1989 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | School | Parking Ratio | 3.74/1,000 SF |
| Building Class | C | ||
| Zoning | NC | ||
| Price | $1,103,000 |
| Price Per SF | $147.42 |
| Sale Type | Investment |
| Cap Rate | 6.05% |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 7,482 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 3.74/1,000 SF |
| Zoning | NC |
1 1
Property Taxes
| Parcel Number | 320-00522574000 | Improvements Assessment | $456,000 |
| Land Assessment | $373,000 | Total Assessment | $829,000 |
Property Taxes
Parcel Number
320-00522574000
Land Assessment
$373,000
Improvements Assessment
$456,000
Total Assessment
$829,000
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
5859 Ashworth Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.