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Child Care & Learning Center (Investment) 3424 Ep True Pky 15,064 SF Retail Building West Des Moines, IA 50265 $7,911,474 CAD ($525.19 CAD/SF)
Investment Highlights
- Investment Opportunity
- Two-Story Day Care Facility
- Operator has a 15-year NNN Lease
- Prime West Des Moines Corner Location at EP True Pkwy & Mills Civic Pkwy
Executive Summary
CDM Real Estate Services is pleased to present an investment opportunity to purchase this newly remodeled 15,064 square foot, two-story, child care and learning center. In 2023, the building was retrofitted from an office building into a child care facility. Then leased to New Creations Child Care & Learning Center (operator) on a 15-year triple net lease. The building is strategically located on the southeast corner of EP True Parkway and Mills Civic Parkway. This prime location and intersection offers 34,300+ vehicles per day, excellent visibility, and accessibility to the business.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
15,064 SF
Building Class
B
Year Built/Renovated
1993/2023
Price
$7,911,474 CAD
Price Per SF
$525.19 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Lot Size
1.66 AC
Zoning
OF
Nearby Major Retailers
Property Taxes
| Parcel Number | 320-02826191001 | Improvements Assessment | $2,405,142 CAD |
| Land Assessment | $1,290,926 CAD | Total Assessment | $3,696,068 CAD |
Property Taxes
Parcel Number
320-02826191001
Land Assessment
$1,290,926 CAD
Improvements Assessment
$2,405,142 CAD
Total Assessment
$3,696,068 CAD
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Child Care & Learning Center (Investment) | 3424 Ep True Pky
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