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3321 E 14th St
Des Moines, IA 50316
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- NNN lease structure with tenant responsible for expenses, reducing ownership risk.
- Over 18,200 vehicles pass along E 14th Street daily, supporting strong traffic exposure.
- Corner lot location providing dual frontage and high visibility along E 14th Street.
- Close proximity to I-235 Euclid Avenue exit with 83,000 vehicles per day for excellent regional access.
Résumé de l'annonce
This fully leased standalone retail asset offers an attractive investment opportunity with an established, long-term tenant in place since 1997. Situated on a prominent corner lot at E 14th Street and E Ovid Avenue, the property enjoys excellent visibility and consistent traffic counts of more than 18,200 vehicles per day along E 14th Street. It's convenient access to I-235, located just minutes away via the Euclid Avenue exit, further enhances connectivity and customer accessibility.
The property is presented on an NNN lease structure, with the current tenant covering all expenses. At an offered 8.5% cap rate, this investment delivers compelling returns combined with a dependable income stream from a seasoned occupant. Nearby I-235 sees daily volumes exceeding 83,000 vehicles, creating strong exposure and reinforcing the long-term viability of this retail location. This rare offering blends stability, accessibility, and consistent traffic in a high-demand corridor.
The property is presented on an NNN lease structure, with the current tenant covering all expenses. At an offered 8.5% cap rate, this investment delivers compelling returns combined with a dependable income stream from a seasoned occupant. Nearby I-235 sees daily volumes exceeding 83,000 vehicles, creating strong exposure and reinforcing the long-term viability of this retail location. This rare offering blends stability, accessibility, and consistent traffic in a high-demand corridor.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
4 760 pi²
Classe d’immeuble
C
Année de construction
1968
Prix
660 378 $ CAD
Prix par pi²
138,73 $ CAD
Taux de capitalisation
8,91%
Revenu net d’exploitation
58 850 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,28
Taille du lot
0,39 AC
Zonage
C-2
Stationnement
18 places (3,78 places par 1 000 pi² loué)
Façade
Commodités
- Enseigne sur pylône
Impôts fonciers
| Numéro de lot | 110-01528000000 | Évaluation des bâtiments | 215 492 $ CAD |
| Évaluation du terrain | 165 442 $ CAD | Évaluation totale | 380 934 $ CAD |
Impôts fonciers
Numéro de lot
110-01528000000
Évaluation du terrain
165 442 $ CAD
Évaluation des bâtiments
215 492 $ CAD
Évaluation totale
380 934 $ CAD
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