West Des Moines, IA Office Property For Sale

Property Description:

Updates in 2022. New roof, exterior metal HVAC units, driveway, parking lot and sidewalk. Close Proximity to I-235. Nearby shops, restaurants and amenities

Property Highlights:

• For Lease/Sale Medical Office space

• Suite 201 2,891 SF

• Suite 207 4,035 SF

• 6,926 SF Available for Sale

• Assumable Debt

• Located on established business corridor

PROPERTY OVERVIEW

Fully furnished office space, ideal for financial services, law firm or any other professional office, this is a great opportunity for an owner/user.

PROPERTY HIGHLIGHTS

• Layout consists of a reception area, 3 private

offices, conference room kitchenette/workroom

and private restroom

• Ample parking

• Nearby amenities

• Excellent West Des Moines location with great

accessibility

Property Information:

• Lot size: Approx. 5.510 acres

• Parking spaces: 102

• Year built/renovated: 1950/2016

• High quality office finish with high ceilings

• Conference and break rooms, combination of

private and open area

• Patio and fitness center available

• Potential furniture package available

7001 Westown Parkway houses 390K SF of office space at the gateway to West Des Moines with unparalleled visibility. The site’s design distinguishes itself with its unique architectural

style.

A unique feature of this facility was the 36,000 square foot data center located beneath the parking lot one of the first in this area located totally underground. Because of the critical information housed by the data center, its design provides superior protection against disaster. It also incorporates a unique

waterproofing system whereby the entire structure is essentially encased in a rubber membrane.

The interior of the office building features numerous unique finishes, including break rooms; an open atrium with custom artwork suspended from an overhead skylight; a state-of-the-art cafeteria; and aquatic features such as pillars cascading water.

Improvements:

Main Entrance / Corridor:

- Marble and granite flooring

- Lighting

- Carpet

- Ceiling and wall coverings

• Complete remodel of suites

• Renovation of north side lower level

• Parking repairs

• Car stops north side parking

• Monument sign at southeast entry way

• Lighted sign on building east entrance

• Irrigation system added to the exterior

Property Highlights

• For Sale or Lease

• Sale Price: $2,715,000

• Lease Rate: $15.00/sf triple net (NNN)

• Built in 2001

• Class A finishes

• 5/1,000 parking ratio

• Easy access to I-35 and Grand Avenue

• Close to shopping, restaurants, and other

amenities

Office condominiums with several offices, kitchenette, ample

parking, and easy access. Located in the Valley Square Condominium.

Available Space

+ Minutes from I-235

+ Includes a kitchenette

+ Abundant parking

+ Includes 2 bathrooms and 6 offices in each suite

+ Clean, well maintained office condos

+ 974 73rd Street: 24,700 vpd

This 2-story, freestanding office building totals 20,212 square feet (floor plate of 10,106 square feet). The building was constructed in the mid-1980’s and is located just north of the intersection at Westown Parkway and Valley West Drive. The parcel of land is unique in that it has 50’ wide driveway path to the west to 36th Street, providing multiple ingress and egress points to the property.

Site

+ Building: 20,212 SF

− Consists of open space, offices, conference

rooms, and kitchen/breakroom area

+ Land: 2.004 Acres

Property Features

+ Current Zoning: RC (Regional Commercial

District)

+ Access Points: Valley West Drive and 36th Street

+ Approximately 235’ frontage to Valley West Drive

+ Parking Stalls: 104

+ Year Built: 1986

+ Businesses within close proximity to site include

West Bank Headquarters, Target, Hy-Vee, Home

Depot, Best Buy, and Whole Foods.

+ Valley West Drive: 17,950 vpd

SUMMARY

4125 Westown Parkway is a two-tenant, class A office building located in the heart of West Des Moines, IA. The subject property is 100% occupied by two financially strong NNN tenants with recently renewed leases in place. Located on the hard corner of Westown Parkway and 42nd Street with close proximity to amenities and interstate access.

• NNN Investment Opportunity

• Recently renewed leases

• Less than one (1) mile to I-235

• Hard corner with lit 4-way intersection

• Walking distance to retailers such as Whole

Foods, Marshalls, Home Depot, HyVee, and more

• Ample parking with well maintained landscaping

• New roof in 2022

• General Use: Office

• Building Size: 5,760 SF

• Available: 2,624 SF contiguous

• Suite 1 | 1,316 SF

• Suite 2 | 1,308 SF

• Sale Price: $650,000

• Lease Rate: $10.00 PSF NNN

• Est. Operating Expenses: $6.00 PSF

• Turnkey office suites

• Several private offices, reception area,

common area break room, common area

restrooms

• Great location off of I-235 at the 50th Street

exit