Investment Overview
Locate Commercial Real Estate is pleased to exclusively present the opportunity to acquire a value-add Industrial Outdoor Storage (IOS) facility located at 600 Center Street in Des Moines, Iowa. Situated on approximately 1.04 acres, the property includes a ±768 square foot garage and offers excellent functionality for a variety of industrial or storage uses. Currently 76% leased, the asset provides immediate income with significant upside potential through lease-up of the remaining space and rental rate adjustments. This is a rare opportunity for investors seeking an infill IOS asset with growth potential in the heart of the Des Moines metro.
Investment Highlights
- Low price point; excellent 1031 exchange opportunity
- Close Proximity to Major Transportation Nodes
- Irreplaceable Industrial Zoning
- Attractive Industrial Submarket