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1223 6th Ave
Des Moines, IA 50314
Biomat USA, Inc. · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Recession-Proof Tenant | The plasma donation industry is widely regarded as recession-proof due to its essential role in healthcare
- Leading Operator in the Space | Grifols, a global healthcare company that operates more than 400 plasma donation centers across the United States
- Emerging & Essential Industry | The plasma industry is currently a $28B dollar industry and is expected to grow to over $57B by 2032.
EXECUTIVE SUMMARY
Bang Realty is pleased to present the exclusive listing for a Biomat USA located at 1223 6th Ave, Des Moines, IA. The site consists of roughly 11,422 rentable square feet of building space on an estimated 1.09-acre parcel of land. This Biomat USA is subject to a Triple Net (NNN) lease, which commenced 8/15/2005. The current annual rent is $266,843 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
11,422 SF
Building Class
B
Year Built
1952
Price
$5,250,366 CAD
Price Per SF
$459.67 CAD
Cap Rate
7%
NOI
$367,526 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,422 SF
Slab To Slab
14’
Building FAR
0.24
Lot Size
1.09 AC
Zoning
C-1
PROPERTY TAXES
| Parcel Number | 080/02761-004-000 | Improvements Assessment | $2,646,758 CAD |
| Land Assessment | $145,240 CAD | Total Assessment | $2,791,998 CAD |
PROPERTY TAXES
Parcel Number
080/02761-004-000
Land Assessment
$145,240 CAD
Improvements Assessment
$2,646,758 CAD
Total Assessment
$2,791,998 CAD
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