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12345 University Ave Clive, IA 50325

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For Sale
$5,850,000

High-growth area office building with strong tenants and upside.

Property size:
39,732 SF
Lot size:
2.49 Acres

Property Features for 12345 University Ave

General Information

Size
39,732 SF
Lot size
2.49 Acres

Source: Knapp Properties, L.C. Agent Korey Birkenholtz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Occupied Office Building

This fully occupied office building features a diverse tenant mix with strong local credit. The property is 100% occupied by four tenants. Located in a high-growth office corridor, the building benefits from University Avenue visibility, with approximately 30,000 vehicles passing per day. It offers excellent access to I-80/35 and surrounding suburbs. The property includes a scenic pond setting and exterior patio spaces for all tenants. The building has abundant on-site parking and extremely efficient floor plates. Below-market rents are in place for 84% of the building, presenting substantial market upside. The property size is 39,732 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Clive
County
Polk
State
Iowa
Longitude
-93.787728
Latitude
41.6012721

FAQs

What type of property is this?
Office building - High-growth area office building with strong tenants and upside.
Where is this office building located?
The property is located at 12345 University Ave Clive, IA.
What is the asking price?
The asking price for this property is $5,850,000.
What are key features of this property?
This property features: - 100% occupied with diverse tenant mix and strong local credit.; - Significant discount on replacement value.; - Below market rents in 84% of the building, offering substantial market upside.
More about this property
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