West Des Moines, IA Office Property For Sale

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Office for Sale

West Des Moines, IA 50265

– Building: 10,588 SF

– 11 office suites

– Complete remodel in 2018

– Ample parking

– Turnkey office suites from 771 SF to 2,220 SF

Office for Sale

West Des Moines, IA 50266

This is part of a Portfolio Package including the following:

3700 Westown Parkway, West Des Moines, IA

4119 SW 9th Street, Des Moines IA

Overview I 3700 Westown Pkwy

3700 Westown Parkway is situated between Westown Parkway and Interstate 235 in West Des Moines, Iowa, and is a minute away from Valley West Mall (910,000 SF). This area is a regional draw and home to the Class A office district in West Des Moines. There are also several large office parks throughout the area, such as Regency West and Three Fountains. Major users include:

• Wells Fargo, Sammons Financial Group, Amerigroup Iowa,

MetLife, ITA Group, Midland National Life Insurance, Fiserv,

Upper Iowa University, Shive Hattery, and various consulting and

law firms

• Real Estate firms, including Iowa Realty, Keller Williams, and

Coldwell Banker

• Mediacom Communications, WOI-TV/KCWI-TV, and several other

broadcast/technology focused companies

• Red Lobster, Olive Garden, HyVee, Target, TJMaxx, Home Depot,

Lowes, Whole Foods, and other national restaurant and retail

chains

The area boasts strong daytime and nighttime traffic (over 10,000 VPD along Westown Parkway and over 97,000 VPD along I-235) and population, along with plenty of amenities for both workers and residents. The property’s relative location to Highway 6, I-80/35, and I-235, makes different parts of the Des Moines Metro easily accessible within minutes.

Overview I 4119 SW 9th St

4119 SW 9th Street is situated between Fleur Drive and SE14th

Street and to the south of Watrous Avenue in Des Moines, Iowa.

Fleur Drive offers several regional and national retailers,

as well as access to the airport, while SE 14th is a regional draw and home to Southridge Mall (869,390 SF). Major users include:

• HyVee, Aldi, Walmart, Target, Home Depot, Menards, Marshalls,

GNC

• Hotels, including Double Tree by Hilton, Fairfield Inn and Suites

by Marriott, Homewood Suites by Hilton, Holiday Inn, and

Ramada by Wyndham

The area boasts strong daytime and nighttime traffic (over 31,000 VPD), along with plenty of amenities for both workers and residents. The property is centrally located between downtown Des Moines, the Des Moines International Airport, and the Highway 5 Bypass, which allows for easy access to various parts of the Des Moines Metro.

Office for Sale

West Des Moines, IA 50266

-7,615 SF Available for Sale

-Medical office Space

-Operating Expenses: $6.04 SF

-Great Visibility

-Built 1982

-New Roof 2020

-Located on established business corridor

Office for Sale

West Des Moines, IA 50266

Sale Price

− Negotiable

+ Building Features

− Frontage on Westown Parkway with great

traffic exposure and high visibility

− Ample parking for tenants and visitors

− Flexible office configuration and terms available

− Quick and easy access to I-80 and I-235

Office for Sale

Windsor Heights, IA 50324

Office space condominiums for sale and lease available in West Des Moines located in the Valley Square Condominiums.

Building Features:

•Minutes from I-235

•High traffic counts

•Monument signage

•Kitchenette

•Abundant parking

•Clean, well maintained

Office for Sale

West Des Moines, IA 50266

PROPERTY OVERVIEW

Great Westown Location ready for Office or Retail Usage, Directly across the street from the new Blank Children’s STAR Center. and several Nearby retailers.

PROPERTY HIGHLIGHTS

• Pad Site Potential

• Masonry Construction

• Convenient Location

• High Traffic Counts

• Nearby retailers include Panera Bread, Subway, U.S. Bank, Red lobster, Olive

Garden, Best Buy, World Market, Whole Foods, Home Depot

OFFERING SUMMARY

Sale Price: $1,900,000

Lot Size: 2.3 Acres

Building Size: 12,240 SF

Zoning: PUD Office

Price / SF: $155.23

Office for Sale

West Des Moines, IA 50266

Building Features

• Great Opportunity for Owner/User or Investor with

Tenant

• Convenient West Des Moines Location

• All Amenities Nearby

Office for Sale

West Des Moines, IA 50265

INVESTMENT HIGHLIGHTS:

-Recession resilient asset

-Net positive leasing

-National, regional & fortune 500 tenants

-Net rentable area: 247,872 SF

-No deferred maintenance

-Years completed: building 939 (1976),

building 950 (1978), building 1001 (1977)

-Gross land area: 8.602 Acres located on Office Park Road, between 8th Street & Grand Avenue

In the heart of the Des Moines MSA

-Strong barriers to entry

-Incredible visibility

-Abundant parking

-Parking ratio 5.5/1,000 SF

Office for Sale

West Des Moines, IA 50266

• 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

Retail for Sale

West Des Moines, IA 50266

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