Urbandale, IA Retail Property For Sale

Property Information:

• Located adjacent to multiple single-family and

multi-family housing developments, & retail,

commercial, and hospitality

• Tenants include: R3 Construction, AP Mortgage,

Stylin’ Paws Play Place, State Farm Insurance

• Long-term growing cash flow with a WALT of ~8

Years.

BUILDING HIGHLIGHTS:

• Freestanding building that formerly operated as a

bank

• Features muti-lane drive-thru

• Bank vault

• Drive up teller equipment

• Breakroom

• Private offices

• Ample parking

• Close to I-80 access

• Minutes from an excellent selection of retail and

dining

• Local ownership and responsive property

management

PROPERTY DETAILS

• Rentable Square Feet: 3,802 SF

• Year Built: 2006

• Price: $1,850,000

• Cap Rate: 5.75%

• NNN Leases

PROPERTY DETAILS

• Rentable Square Feet: 6,100 SF

• Year Built: 2004

• Price: $2,215,000

• Cap Rate: 5.50%

• NNN Lease