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    5859 Ashworth Rd West Des Moines, IA 50266

    For Sale
    Contact for pricing

    7,485 SF Daycare, Strong Returns

    Property size:
    7,485 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 7,485-square-foot, single-tenant daycare center in West Des Moines, Iowa. Located at 5859 Ashworth Rd, in Polk County, this Class B retail property boasts a prime location within a thriving community. The building, constructed in 1989, sits on a 0.74-acre lot and is currently operating at 100% occupancy. The property features a Net Net Net (NNN) lease structure with a single tenant, providing a straightforward and predictable income stream. The current lease expires on December 31, 2028, offering a remaining lease term of approximately 4.1 years. A significant advantage is the inclusion of one five-year renewal option, extending the potential investment horizon. The lease includes a 2% annual base rent increase, ensuring consistent growth in rental income. The property is zoned NC and comprises a single, one-story building. This turnkey investment offers immediate returns and strong potential for long-term appreciation, making it an attractive opportunity for discerning investors seeking a stable and profitable addition to their portfolio. The property's established tenant and favorable lease terms provide a secure and reliable income stream, minimizing risk and maximizing return on investment. This is a rare opportunity to acquire a well-established daycare center in a high-demand area.

    Property Features for 5859 Ashworth Rd

    General Information

    Property type
    Day care centers
    Square Feet
    7,485 SF
    Class
    B
    Lot Size
    32,234 SF

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    1

    HighLights

    • 7,485 SF single‑tenant daycare center in West Des Moines, IA.
    • Located at 5859 Ashworth Rd, Polk County, in a thriving community.
    • Class B retail building on a 0.74‑acre lot, built in 1989, currently 100% occupied.
    • NNN lease with a single tenant, providing a stable income stream.
    • Remaining lease term of approximately 4.1 years with one 5‑year renewal option.
    • 2% annual base rent increase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cadence Academy Preschool Day Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.7881933
    Latitude
    41.5850472

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    FAQs

    What type of property is this?
    Day care center - 7,485 SF Daycare, Strong Returns
    Where is this day care center located?
    The property is located at 5859 Ashworth Rd West Des Moines, IA.
    What are key features of this property?
    This property features: 7,485 SF single-tenant daycare center in West Des Moines, IA.; Located at 5859 Ashworth Rd, Polk County, in a thriving community.; Class B retail building on a 0.74-acre lot, built in 1989, currently 100% occupied.
    (515) 778-7268
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    5859 Ashworth Rd West Des Moines, IA 50266
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5859 Ashworth Rd West Des Moines, IA 50266
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