6400 Douglas Avenue Urbandale, IA 50322
1,850 SF auto shop with two drive-in bays.
Property Features for 6400 Douglas Avenue
General Information
- Standard status
- Active
- Size
- 1,850 SF
- Property subtype
- Retail
Listing office Metro Commercial Real Estate, LLC
Listing date May 21, 2026
Source Crexi
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 Metro Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- 1,850 SF Building featuring concrete floors.
- Two drive‑in shop bays.
- Office showroom/waiting room.
Local Financial Insights For Retail
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 | $26.6k | $14.40 |
| − Vacancy | −$2.3k | −$1.22 |
| EGI | $24.4k | $13.18 |
| − OpEx | −$7.3k | −$3.95 |
| NOI | $17.1k | $9.22 |
Alternative Uses
Property Analytics
Current Use by Public Records
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