Built-to-Suit Medical
For Sale
Contact for pricing
Pending
2525 E Euclid Ave, Des Moines, IA 50317
Purpose-built healthcare facility under an absolute NNN lease with built-in rent escalations and renewal options.
Property SizeContact for details
Days on Market142
Property Features for 2525 E Euclid Ave
General Information
Standard status
Pending
Property subtype
Office
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
2018
Tenancy
Single
Listing Agency:
Encore Real Estate Investment Services
(248) 702-0288
Listed By:
Deno Bistolarides · License #6502378067
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:40PM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This medical office property was developed as a built-to-suit facility in 2018 for the occupying healthcare tenant. The asset is subject to an absolute NNN lease, with no landlord obligations identified in the listing, and includes contractual rent escalations during the initial term. More than 7 years remain on the original 11-year, 11-month lease term, followed by 3 five-year option periods.
The property is located at 2525 E Euclid Ave in Des Moines, Iowa, near US-34 and S Wapello St. Those routes collectively carry in excess of 62,000 vehicles per day, providing access and exposure for the medical office use. The tenant has remained in occupancy since the building was completed.
The property is located at 2525 E Euclid Ave in Des Moines, Iowa, near US-34 and S Wapello St. Those routes collectively carry in excess of 62,000 vehicles per day, providing access and exposure for the medical office use. The tenant has remained in occupancy since the building was completed.
Key Highlights
- Built‑to‑suit medical office facility completed in 2018
- Absolute NNN lease with no landlord obligations
- Over 7 years remaining on the original 11 year and 11 month term
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50317, IA
37,221
Population
15,193
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
87%
High-School Grad
22.1 sq mi
ZIP Area
1,684
Density / Sq Mi
$61,569
Median Household Income
$36,641
Median Earnings
$1,079
Median Rent
$165,200
Median Home Value
Market
Vacancy Rate% for Office in Des Moines, IA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Purpose-built healthcare facility under an absolute NNN lease with built-in rent escalations and renewal options.
Where is this medical office space located?
The property is located at 2525 E Euclid Ave Des Moines, IA.
What are key features of this property?
This property features: Built‑to‑suit medical office facility completed in 2018; Absolute NNN lease with no landlord obligations; Over 7 years remaining on the original 11 year and 11 month term
