Industrial Space with Dock
For Sale
Contact for pricing
635 New York Avenue -Building B-C, Des Moines, IA 50313
7,520 SF industrial space with dock doors available for sublease.
Property Size14,720 SF
Price / SF$0.00
Days on Market330
Property Features for 635 New York Avenue -Building B-C
General Information
Standard status
Active
Size
14,720 SF
Property subtype
Industrial
Lease Term
NNN
Building Details
Building Size
14,720 SF
Year Built
1969
Properties For Sale
at 635 New York Avenue -Building B-C Contact usSpace B
Size
2,400 SF
Type
Warehouse/Distribution
Term
Negotiable
Space C
Size
4,800 SF
Type
Flex Space
Term
Negotiable
Listing Agency:
NAI Iowa Realty Commercial
Listed By:
Chris Fultz · License ##B61913000
(319) 331-3191
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Oct 8
Last Checked: Oct 16 at 7:57AM
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
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Investment Insights
Based on property information with market context.
This 7,520 sqft industrial space, located north of downtown Des Moines, includes 600 sqft of office space and features 4 dock high doors. The interior clear height is 20 feet. The property is available immediately for sublease until the end of the year and/or a new lease.
Key Highlights
- 7,520 sqft Industrial Space Available Immediately
- Centrally Located In Des Moines North Of Downtown
- Features 4 Dock High Doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,834
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,680
$616.7K
Cap Rate 7%
$440,486
$440.5K
Cap Rate 9%
$342,600
$342.6K
Market Conditions
NOI Build-Up for 7,520 SF
Gross rent
$47.8K $6.36/SF
− Vacancy
−$3.8K −$0.50/SF
EGI
$44.0K $5.86/SF
− OpEx
−$13.2K −$1.76/SF
NOI
$30.8K $4.10/SF
Area
Des Moines, 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%
$616,680
Cap Rate 7%
$440,486
Cap Rate 9%
$342,600
Alternative Uses
Best Use
Warehouse
$504.6K
$441.5K – $588.7K
NOI $35,322 @ 7.0% cap · market cap 588,700.00%
Second Best
Industrial
$440.5K
$385.4K – $513.9K
NOI $30,834 @ 7.0% cap · market cap 513,900.00%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,642 @ 7.0% cap · market cap 2,160,700.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 50313, IA
17,723
Population
7,674
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
86%
High-School Grad
18.1 sq mi
ZIP Area
979
Density / Sq Mi
$64,077
Median Household Income
$36,284
Median Earnings
$1,077
Median Rent
$161,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Des Moines, IA
Similar Off Market Nearby
- B&B Moving Inc. — 3215 Bowdoin St, Des Moines, IA 50313
- All Iowa Movers — 100 E Euclid Ave Suite 135, Des Moines, IA 50313
Frequently Asked Questions
What type of property is this?
Warehouse - 7,520 SF industrial space with dock doors available for sublease.
Where is this warehouse located?
The property is located at 635 New York Avenue -Building B-C Des Moines, IA.
What are key features of this property?
This property features: 7,520 sqft Industrial Space Available Immediately; Centrally Located In Des Moines North Of Downtown; Features 4 Dock High Doors
