4111 Delaware Ave, Des Moines, IA 50313
32,680 SF industrial property featuring secured truck court.
- Added:
- Feb 6, 2026
- Days on Market:
- 141
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 4111 Delaware Ave
General Information
- Standard status
- Active
- Size
- 32,680 SF
- Property subtype
- Industrial
Listing office JLL - Des Moines, Iowa (515) 745-2734
Listing date Feb 6, 2026
Source Crexi
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HighLights
- Fenced and secured truck court/outdoor storage area
- Building 1: 20,680 SF with 14 drive‑thru bay doors (14’H x 12’W)
- Building 2: 12,000 SF with cold storage
- 2‑story office totaling 6,830 SF
- Wash bay with drive‑in door (14'H x 12'W) + floor drain
- Driver lounge with showers and breakroom
Overview
Local Financial Insights For Office B
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 | $717.7k | $21.96 |
| − Vacancy | −$143.5k | −$4.39 |
| EGI | $574.1k | $17.57 |
| − OpEx | −$143.5k | −$4.39 |
| NOI | $430.6k | $13.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.5806085
- Latitude
- 41.6362637