1631 2nd Ave, Des Moines, IA for sale

Investment Overview

Prime opportunity to invest in a fully occupied industrial property located on 2nd Ave in Des Moines, IA, featuring a long-standing, stable tenant. With decades of occupancy, this property offers an exceptional opportunity for investors with the tenant renewing for 5 years starting November 2024 and an additional 5 year renewal. This property also include a fenced-in outdoor storage area adjacent to the building.

Investment Highlights

• Potential 1031 Exchange or Investment Opportunity
• Established Tenant
• Exceptional Street Visibility on 2nd Ave with 17,000 VPD
• 9,409 Square Foot Building on .822 Acres
• .355 Acre Paved Lot Included
• Drive-In Door