Jesse Place Shopping Center - Portfolio Sale

Retail: Strip Center

3892 NW Urbandale Dr, UrbandaleIA 50322

Property Details

Location

Address
3892 NW Urbandale Dr, UrbandaleIA 50322
County
Polk
Submarket
IA - Des Moines West

Building Size

Building Size
29,300 SF

Building Details

Type
 Retail: Strip Center
Number of Buildings
3
Occupancy Type
Multi-tenant
Building Class
Building Status
Portfolio
Floors
1
Year Built
2004
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
4.13 Acres
Land (SF)
179,685 SF
Electricity
Yes
Sanitary Sewer
Yes
Water
Yes
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Jesse Place Shopping Center Portfolio Sale

29,202 SF$5,686,739
CBRE

SALE INCLUDES THE FOLLOWING ASSEMBLAGE:

-3892 NW Urbandale Drive (Multi-Tenant Retail Center): 19,300 RSF

-3922 NW Urbandale Drive (Two-Tenant Outlot Building): 3,802 RSF

-3880 NW Urbandale Drive (Big O Tires): 6,100 RSF

INVESTMENT HIGHLIGHTS

•Net Leasable Area: 29,202 RSF (Three buildings)

•Offering Price: $5,686,739

•Gross Land Area: 3.6 AC

•Year Built: 2004 - 2006

•Buildings currently structured as condos

•Buildings can be sold separately

•Minutes away from Hy-Vee, Urban Town Center, Homemakers

Furniture, and Merle Hay Mall

•Priced Well Below Replacement Cost

•Located near heavily traveled Douglas Avenue (22,900 VPD)

CBRE

SALE INCLUDES THE FOLLOWING ASSEMBLAGE:

-3892 NW Urbandale Drive (Multi-Tenant Retail Center): 19,300 RSF

-3922 NW Urbandale Drive (Two-Tenant Outlot Building): 3,802 RSF

-3880 NW Urbandale Drive (Big O Tires): 6,100 RSF

INVESTMENT HIGHLIGHTS

•Net Leasable Area: 29,202 RSF (Three buildings)

•Offering Price: $5,686,739

•Gross Land Area: 3.6 AC

•Year Built: 2004 - 2006

•Buildings currently structured as condos

•Buildings can be sold separately

•Minutes away from Hy-Vee, Urban Town Center, Homemakers

Furniture, and Merle Hay Mall

•Priced Well Below Replacement Cost

•Located near heavily traveled Douglas Avenue (22,900 VPD)

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