Des Moines, IA Industrial Property For Sale

Offering Summary:

• Purchase Price: $ 2,600,000

• Starting Lease Rate: $11.00 NNN

Property Description:

New Flex warehouse building for lease! Located on the Eastside of Des Moines. It is conveniently located to the main interstates and Altoona and Bondurant!

Property Highlights:

• 15,000 SF Flex warehouse

• 2 Drive Doors

• Ability for Dock Door

• Outdoor storage available for rent

Amend Packing Company has been at this location for approximately 80 years. Now, this location has become a hard corner on the new MLK Jr Parkway. The building was contructed as a packing plant, and is still in use today. The building is about 5,500 s.f., and the lot is about 32,000 s.f.

Approximately 14,000 sf of finished office and showroom area, with +/- 34,000 sf of warehouse / distribution space, situated on 2.77 acres. Property has 7 docks, 3 grade level drive in doors, 85 parking spaces. Tilt up construction with central HVAC in the office and showroom areas, and suspended gas heat in the warehouse.

Opportunity for owner user or two tenants. Currently demised into two separated spaces.

• Building - 39,164 SF

• Vacant- 12,747 SF

• Office Space - 6,987 SF

• Flex Space- 5,760 SF

• Two 12’ Drive In Doors

• Lease Rate- $5.50 PSF MG

• Zoning I-1 District

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers:

• Approximately 2,000 SF Office

• 2,000 SF Cooler area

• Warehouse is heated and cooled

• 3 docks & 1 drive-in

• Zoned I 1 - Industrial

• Lot size: 1.1 Acres

- Prime location in the Central Business District of Des Moines, IA

- Versatile retail flex building suitable for various uses

- Proxmity to major transportation hubs

- Excellent redevelopment potential for investors - with approved

zoning site could be redeveloped for mixed-use with +/- 90

apartment units

- Nearby businesses include: Hotel Fort Des Moines (Hilton), EMC

Insurance, Wellmark, Community Choice Credit Union, YMCA, and

Exile Brewing Company

- 200 Amp Electric panel

• Sprinkler system

• Floor drain

• Easy access to Highway 5

- Year built: 2022

• Fully insulated with heat and AC

• 1 16’x16 overhead door with opener

• 36” access door

• Preplumbed for future Restroom

• Fully fenced property with electronic gate access

PROPERTY HIGHLIGHTS

• Convenient access to downtown & I-235

• 45,850 SF leased through August 2023

• 4 dock doors

• 1 drive-in door

• 20’ clear height