Des Moines Industrial Investment
For Sale
$1,400,000
1631 2nd Ave, Des Moines, IA 50314
Fully occupied industrial property with long-term tenant in Des Moines.
Property Size9,409 SF
Price / SF$148.79
Days on Market212
Property Features for 1631 2nd Ave
General Information
Standard status
Active
Size
9,409 SF
Property subtype
Industrial
Building Details
Building Size
9,409 SF
Listing Agency:
Ferguson Commercial Real Estate Services
Listed By:
Nathan Petsche · License #S70663000
(515) 867-4964
Source:
Fergusoncres
Added: Mar 26
Changed: Oct 11
Last Checked: Oct 20 at 6:50PM
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 Ferguson Commercial Real Estate Services
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Investment Insights
Based on property information with market context.
This industrial property is located on 2nd Ave in Des Moines, IA. The property is fully occupied by a long-standing, stable tenant. The tenant is renewing for a 5-year term starting in November 2024, with an option for an additional 5-year renewal. The property includes a fenced-in outdoor storage area adjacent to the building. The property size is 9409 square feet.
Key Highlights
- Fully occupied industrial property with a long‑standing, stable tenant.
- Tenant recently renewed lease for 5 years starting November 2024, with an additional 5‑year renewal option.
- Prime location on 2nd Ave in Des Moines, IA.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Explore this area
Business Placement
Demographics for 50314, IA
11,764
Population
4,780
Households
2.5
Avg Household Size
31
Median Age
15%
College-Educated
72%
High-School Grad
2.5 sq mi
ZIP Area
4,706
Density / Sq Mi
$38,511
Median Household Income
$30,314
Median Earnings
$977
Median Rent
$146,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Des Moines, IA
Frequently Asked Questions
What type of property is this?
Industrial property - Fully occupied industrial property with long-term tenant in Des Moines.
Where is this industrial property located?
The property is located at 1631 2nd Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Fully occupied industrial property with a long‑standing, stable tenant.; Tenant recently renewed lease for 5 years starting November 2024, with an additional 5‑year renewal option.; Prime location on 2nd Ave in Des Moines, IA.
