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7040 NE 14th St
Ankeny, IA 50023
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located between Des Moines and Ankeny
- Mixed-Use Development Property
- Newer Construction-2019
EXECUTIVE SUMMARY
For Sale-20,400 SF Mixed-Use Development Property
Street Level -Three Retail/Office Spaces,
Second Level-Six Apartments,
Flex Space-Two 3,300 SF Flex Buildings
2019 Construction
1.437 Acres
Access to NE 14th St and 70th Ave
Located Between Des Moines and Ankeny
SALES PRICE: $3,417,227 Based on a 6.5% Capitalization Rate
Street Level -Three Retail/Office Spaces,
Second Level-Six Apartments,
Flex Space-Two 3,300 SF Flex Buildings
2019 Construction
1.437 Acres
Access to NE 14th St and 70th Ave
Located Between Des Moines and Ankeny
SALES PRICE: $3,417,227 Based on a 6.5% Capitalization Rate
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
20,400 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2019
Price
$4,731,151 CAD
Price Per SF
$231.92 CAD
Cap Rate
6.50%
NOI
$307,525 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.48 AC
Zoning
GC - General Commercial
Parking
38 Spaces (1.86 Spaces per 1,000 SF Leased)
Frontage
186’ on NE 14th st
AMENITIES
- Air Conditioning
- Balcony
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 180/00749-001-003 | Improvements Assessment | $2,625,871 CAD |
| Land Assessment | $259,624 CAD | Total Assessment | $2,885,495 CAD |
PROPERTY TAXES
Parcel Number
180/00749-001-003
Land Assessment
$259,624 CAD
Improvements Assessment
$2,625,871 CAD
Total Assessment
$2,885,495 CAD
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