Two-Story Office-Industrial
1801 Industrial Circle, West Des Moines, IA 50265
For Sale
Contact for pricing
Two-story office-industrial building with 25-foot clear height and substantial parking for fleet and equipment users.
Property Size21,668 SF
Price / SF$0.00
Days on Market140
Property Features for 1801 Industrial Circle
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Clear Height
Building Details
Building Size
Year Built
Stories
Properties For Sale
at 1801 Industrial Circle
1801 Industrial Circle
Size
21,668 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Hurd Real Estate
Listed By:
Richie Hurd · License IA S59663000
(515) 778-1009
Source:
Hurdrealty
Added: Jun 25
Changed: Nov 10
Last Checked: Nov 10 at 6:50AM
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 Hurd Real Estate
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Investment Insights
Based on property information with market context.
Two-story 21,668 SF office and industrial building offered for lease, built to support real-world equipment and storage needs. The facility includes 25-foot clear height designed to accommodate racking and heavy equipment, with space suitable for a mezzanine build-out. A substantial parking field of approximately 38,000 SF supports day-to-day operations where fleet vehicles, employee parking, or client-facing vehicle needs matter.
In addition to the existing building, the property includes a pad-ready development site with build-to-suit potential up to 12,250 SF. This supports expansion planning within the same site footprint while keeping operations centralized.
For tenants seeking a combined office-and-industrial environment, the configuration supports both administrative functions and higher-capacity warehouse use. The combination of clear height, equipment-ready layout considerations, and expansive on-site parking can fit warehousing, distribution, light manufacturing, and fleet-oriented businesses that need practical staging, storage, and employee or client vehicle access at the property located at 1801 Industrial Circle, West Des Moines, IA 50265.
In addition to the existing building, the property includes a pad-ready development site with build-to-suit potential up to 12,250 SF. This supports expansion planning within the same site footprint while keeping operations centralized.
For tenants seeking a combined office-and-industrial environment, the configuration supports both administrative functions and higher-capacity warehouse use. The combination of clear height, equipment-ready layout considerations, and expansive on-site parking can fit warehousing, distribution, light manufacturing, and fleet-oriented businesses that need practical staging, storage, and employee or client vehicle access at the property located at 1801 Industrial Circle, West Des Moines, IA 50265.
Key Highlights
- Two‑story 21,668 SF office‑industrial building with 25' clear height for racking, heavy equipment, and mezzanine build‑out
- Up to 38,000 SF parking field for fleet vehicles, employee parking, or client‑facing operations
- Pad‑ready development site with build‑to‑suit potential up to 12,250 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,845
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,776,900
$1.8M
Cap Rate 7%
$1,269,214
$1.3M
Cap Rate 9%
$987,167
$987.2K
Market Conditions
NOI Build-Up for 21,668 SF
Gross rent
$137.8K $6.36/SF
− Vacancy
−$10.9K −$0.50/SF
EGI
$126.9K $5.86/SF
− OpEx
−$38.1K −$1.76/SF
NOI
$88.8K $4.10/SF
Area
Polk County, IA
Vacancy
7.90%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,776,900
Cap Rate 7%
$1,269,214
Cap Rate 9%
$987,167
Alternative Uses
Best Use
Flex RnD
$1.73M
$1.52M – $2.02M
NOI $121,414 @ 7.0% cap
Second Best
Warehouse
$1.45M
$1.27M – $1.70M
NOI $101,777 @ 7.0% cap
Theoretical Best
Office A
$5.34M
$4.67M – $6.23M
NOI $373,549 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
25 ft
Clear height
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50265, IA
32,187
Population
15,104
Households
2.1
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
1,668
Density / Sq Mi
$84,588
Median Household Income
$49,785
Median Earnings
$1,065
Median Rent
$267,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Polk County, IA
Properties on Market for Flex space in Polk County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Two-story office-industrial building with 25-foot clear height and substantial parking for fleet and equipment users.
Where is this flex space located?
The property is located at 1801 Industrial Circle West Des Moines, IA.
What are key features of this property?
This property features: Two‑story 21,668 SF office‑industrial building with 25' clear height for racking, heavy equipment, and mezzanine build‑out; Up to 38,000 SF parking field for fleet vehicles, employee parking, or client‑facing operations; Pad‑ready development site with build‑to‑suit potential up to 12,250 SF
