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Professional Arts Building 1300 37th St 22,306 SF Office Building West Des Moines, IA 50266 $5,318,360 CAD ($238.43 CAD/SF)
Investment Highlights
- Remodled Suites
- Fully Sprinkled Sprinkler system
- Walk out lower level
- 142 Parking Spaces
- HVAC: Multi Zoned gas fired rooftop (2 units)
Executive Summary
The Professional Arts Building is multi-tenant Medical Office Building located in the heart of West Des Moines. Located just of the 35th Street exit at the intersection of I-235 and 35th Street. The property is surrounded by office towers, high density housing and Valley Highschool which is home to 2,100 high school students.
This building is extremely well located with excellent visibility off I-235 and easy access to anywhere in the metro. Across I-235 the corridor is undergoing major redevelopment that has happened or is underway. ClaimDoc established their headquarters, West Bank Built a new 73,000 sf $38MM Headquarters, Kwik Trip is developing a new C-Store and Valley West Mall has major plans for a $100+ redevelopment.
This building is extremely well located with excellent visibility off I-235 and easy access to anywhere in the metro. Across I-235 the corridor is undergoing major redevelopment that has happened or is underway. ClaimDoc established their headquarters, West Bank Built a new 73,000 sf $38MM Headquarters, Kwik Trip is developing a new C-Store and Valley West Mall has major plans for a $100+ redevelopment.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
22,306 SF
Building Class
B
Year Built/Renovated
1974/2007
Price
$5,318,360 CAD
Price Per SF
$238.43 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
22,306 SF
Building FAR
0.16
Lot Size
3.21 AC
Zoning
PCP - PCP Professional Commerce Park
Parking
139 Spaces (6.23 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 320-02962302000 | Improvements Assessment | $2,780,572 CAD |
| Land Assessment | $1,616,293 CAD | Total Assessment | $4,396,865 CAD |
Property Taxes
Parcel Number
320-02962302000
Land Assessment
$1,616,293 CAD
Improvements Assessment
$2,780,572 CAD
Total Assessment
$4,396,865 CAD
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Professional Arts Building | 1300 37th St
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