2100 E 14th St, Des Moines, IA
Fully leased commercial building with high visibility and stable income.
- Added:
- May 13, 2025
- Days on Market:
- 402
- Last Refresh:
- May 20 at 9:41 pm
Property Features for 2100 E 14th St
General Information
- Standard status
- Active
- Size
- 5,760 SF
- Lot size
- 0.30 Acres
- Property subtype
- RETAIL
Listing agent Colton Pfeifer
Listing office Caliber Realty (515) 238-4528
Listing date May 13, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Caliber Realty
HighLights
- Prime location with high visibility and traffic counts.
- Fully leased commercial building with three tenants.
- Triple net leases ensure stable cash flow and minimal landlord responsibilities.
- Annual rent escalations add value over time.
- Recently renovated middle unit.
- Finished, waterproofed basement.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.4k | $15.00 |
| − Vacancy | −$6.5k | −$1.13 |
| EGI | $79.9k | $13.88 |
| − OpEx | −$24.0k | −$4.16 |
| NOI | $55.9k | $9.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6008
- Latitude
- 41.6133
