5859 Ashworth Rd West Des Moines, IA 50266

Building Details

Year Built

1989

Listing Agency LOCATE Commercial Real Estate Show Phone

Listed by Steve Scott · License #IA S34232000

Source Crexi

Added: Aug 21, 2024 Checked: Jul 19 at 5:48 am

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Investment Insights

Based on property information with market context.

This 7,485 square foot retail building, constructed in West Des Moines, Iowa, presents a strong investment opportunity. The property is currently at 100% occupancy, ensuring immediate returns. The original lease term was 10 years, with a 5-year extension. The renewal term is secured through 2028, with one 5-year renewal option. The lease includes 2% annual base rent increases, providing steady income growth.

Key Highlights

• 100% Occupancy: Provides immediate and consistent returns.
• Renewal Term Secured Through 2028: Offers long‑term stability.
• Prime West Des Moines Location: Situated in a thriving area.

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FAQs

What type of property is this?

Retail space - 7,485 SF retail building in West Des Moines, Iowa.

Where is this retail space located?

The property is located at 5859 Ashworth Rd West Des Moines, IA.

What are key features of this property?

This property features: 100% Occupancy: Provides immediate and consistent returns.; Renewal Term Secured Through 2028: Offers long‑term stability.; Prime West Des Moines Location: Situated in a thriving area.