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6200 Aurora Ave
Urbandale, IA 50322
Merle Hay Centre · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Exterior Construction: Steel and Masonry
- Parking: Estimated 741 spaces (4.71 spaces per 1,000 SF)
- Common Areas: Shared conference rooms, fitness room, kitchenette/breakroom areas, and restrooms throughout.
- Taxes: $236,632/year ($1.51/SF)
- Property Management: Knapp Properties
EXECUTIVE SUMMARY
This six-story office building for sale in Urbandale, Iowa, features 157,488 square feet of commercial space. Merle Hay Centre presents an attractive investment opportunity, priced significantly below replacement cost. It offers leasing options for businesses looking for professional office space with favorable rental terms. The spacious, versatile floor plans allow for customization to meet specific business needs. Moreover, the property benefits from access to major transportation routes and is located next to Merle Hay Mall, within a well-established business and retail area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
157,488 SF
Building Class
C
Year Built
1984
Price
$4,871,761 CAD
Price Per SF
$30.93 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
26,248 SF
Building FAR
0.37
Lot Size
9.88 AC
Zoning
C-O - Office/Service District
Parking
741 Spaces (4.71 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Conferencing Facility
- Fitness Center
- Property Manager on Site
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 312-02103002000 | Improvements Assessment | $1,989,510 CAD |
| Land Assessment | $3,640,380 CAD | Total Assessment | $5,629,890 CAD |
PROPERTY TAXES
Parcel Number
312-02103002000
Land Assessment
$3,640,380 CAD
Improvements Assessment
$1,989,510 CAD
Total Assessment
$5,629,890 CAD
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