Des Moines Office/Warehouse
For Sale
$1,800,000
1801 2nd Ave, Des Moines, IA 50314
15,034 SF office/warehouse with long-term tenant.
Property Size15,034 SF
Price / SF$119.73
Days on Market340
Property Features for 1801 2nd Ave
General Information
Standard status
Active
Size
15,034 SF
Property subtype
Industrial
Site & Location
Neighborhood
River Bend
Building Details
Building Size
15,034 SF
Year Built
1989
Listing Agency:
NAI Iowa Realty Commercial - Des Moines
Listed By:
Tom Hudson · License #S18121000
(515) 777-5684
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Oct 25
Last Checked: Oct 26 at 2:19PM
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 NAI Iowa Realty Commercial - Des Moines
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Investment Insights
Based on property information with market context.
This 15,034 SF standalone office/warehouse building is located on 2nd Avenue in Des Moines. Constructed in 1989, the property sits on a 1.188 AC (51,749 SF) lot. The property features a long-term tenant, NuCara Home Medical, who has occupied the space for over 25 years. The location is north of I-235 on 2nd Ave. Traffic counts along 2nd Avenue are 14,500 VPD (2022). Ample off-street parking is available.
Key Highlights
- NNN single‑user investment opportunity with a 9.36% cap rate and $159,036 NOI
- Reliable tenant, NuCara Home Medical, with over 25 years of tenancy
- Standalone 15,034 SF Office/Warehouse building
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
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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 Office in Des Moines, IA
Frequently Asked Questions
What type of property is this?
Office building - 15,034 SF office/warehouse with long-term tenant.
Where is this office building located?
The property is located at 1801 2nd Ave Des Moines, IA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: NNN single‑user investment opportunity with a 9.36% cap rate and $159,036 NOI; Reliable tenant, NuCara Home Medical, with over 25 years of tenancy; Standalone 15,034 SF Office/Warehouse building
