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2425 Westown Pky 10,023 SF Office Building West Des Moines, IA 50266 $3,936,495 CAD ($392.75 CAD/SF) 6.86% Cap Rate
EXECUTIVE SUMMARY
-Surgery Center and Clinic with Certificate of Need.
-ASC and Clinic WALT is significantly below NNN market rent.
-Significant amount of T.I. $ invested into the property 2024/ 2025.
-ASC and Clinic WALT is significantly below NNN market rent.
-Significant amount of T.I. $ invested into the property 2024/ 2025.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
10,023 SF
Building Class
B
Year Built/Renovated
1985/2025
Price
$3,936,495 CAD
Price Per SF
$392.75 CAD
Cap Rate
6.86%
NOI
$269,863 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,023 SF
Building FAR
0.16
Lot Size
1.43 AC
Zoning
RC - Regional Commercial District
Parking
53 Spaces (5.29 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 320-04947031101 | Improvements Assessment | $2,080,372 CAD |
| Land Assessment | $1,246,539 CAD | Total Assessment | $3,326,911 CAD |
PROPERTY TAXES
Parcel Number
320-04947031101
Land Assessment
$1,246,539 CAD
Improvements Assessment
$2,080,372 CAD
Total Assessment
$3,326,911 CAD
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2425 Westown Pky
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