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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 |
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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
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5859 Ashworth Rd
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