US Bank

Retail: Freestanding Bank

115 E Euclid Ave, Des MoinesIA 50313

Property Details

Location

Address
115 E Euclid Ave, Des MoinesIA 50313
County
Polk
Submarket
IA - Des Moines Northeast

Building Size

Building Size
6,836 SF

Building Details

Type
 Retail: Freestanding Bank
Retail Center Type
Outlet Center
Number of Buildings
1
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
1981
Sprinklers
Primary Const.
Brick
Parking Ratio
Legal Desc.
-Ex Beg Sw Cor Thn N33f Se47.28F W32.5F To Pob- & -Ex E 38.5F S 5F W 277.5F S 168F- S 168F W 277.5F Blk F Highland Park

Land & Utilities

Land (Acres)
1.07 Acres
Land (SF)
46,434 SF
Electricity
Yes
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Net Lease US Bank for Sale

4,964 SF$1,200,000
Cap Rate: 6.25%
Locate Commercial Real Estate

Locate Commercial Real Estate is pleased to offer for sale the fee simple interest in a single-tenant, triple-net investment grade asset, leased to US Bank located in Des Moines, IA. The property is listed for $1,200,000, a 6.25% cap rate on in-place NOI.

US Bank has been committed to this location for nearly 40 years and continues to operate the branch through the end of August 2026. The property is operating under a NNN lease with approximately five (5) years remaining on their recently extended option.

Locate Commercial Real Estate

Locate Commercial Real Estate is pleased to offer for sale the fee simple interest in a single-tenant, triple-net investment grade asset, leased to US Bank located in Des Moines, IA. The property is listed for $1,200,000, a 6.25% cap rate on in-place NOI.

US Bank has been committed to this location for nearly 40 years and continues to operate the branch through the end of August 2026. The property is operating under a NNN lease with approximately five (5) years remaining on their recently extended option.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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