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12345 University Ave Clive, IA 50325

Sponsored
For Sale
$5,850,000

High-growth area, 39,732 SF, 100% occupied.

Property size:
39,732 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional executive office building, located at 12345 University Avenue in Clive, Iowa, presents a compelling investment opportunity. The property boasts 39,732 square feet of leasable space, currently 100% occupied by four tenants, offering a diverse tenant mix with strong local credit. A significant portion of the building (84%) features below-market rents, presenting substantial upside potential for future income growth. Situated in a high-growth office corridor, the building benefits from excellent visibility on University Avenue, with approximately 30,000 vehicles passing daily. Convenient access to I-80/35 and surrounding suburbs ensures easy commuting for tenants and employees. The property includes ample on-site parking, highly efficient floor plates, and attractive exterior amenities such as a scenic pond setting and patio spaces for all tenants. The building sits on a 2.49-acre lot and is offered at an asking price of $5,850,000, representing a significant discount on replacement value. This is a rare opportunity to acquire a well-located, high-performing office building with significant upside potential in a thriving Iowa market. The property's zip code is 50325, and it is located in Polk County.

Property Features for 12345 University Ave

General Information

Property type
Office Properties & Spaces
Square Feet
39,732 SF
Lot Size
108,464 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Clive
County
Polk
State
Iowa
Longitude
-93.7877695
Latitude
41.6012723

FAQs

What type of property is this?
Office Property / Space - High-growth area, 39,732 SF, 100% occupied.
Where is this office property / space located?
The property is located at 12345 University Ave Clive, IA.
What is the asking price?
The asking price for this property is $5,850,000.
More about this property
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