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    Des Moines, IA NNN Properties for Sale

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    Industrial Flex Building with Crane
    Updated: Aug 8
    Industrial Flex Building with Crane

    700 New York Avenue, Des Moines, IA 50313

    $4,200,000
    36,430 sqft 2.06 AC lot
    36,430 SF industrial flex building on a 2.064‑acre site
    Renovated in 2018 with 14'–22' clear heights
    600‑amp three‑phase power
    Three docks and six drive‑in bays
    Crane system with secured outdoor storage
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    This listing looks promising.

    Here's a quick look at some key insights for

    700 New York Avenue, Des Moines, IA 50313

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $204K
      Annual

    • Price @ 7% Cap

      $2.92M
      Suggested

    • Last Sold

      Jun 2018
      $725K

    • Property Type

      Warehouse, Storage
      Built 1952
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    Renovated Auto Shop with Overhead Doors
    Updated: Aug 4
    Renovated Auto Shop with Overhead Doors

    1424 Army Post Rd, Des Moines, IA 50315

    Contact for pricing
    3,798 sqft
    Renovated in 2019; originally built in 1964
    Four 10 x 10 overhead doors
    Two restrooms with heating and cooling
    Polished concrete flooring throughout the shop
    Currently zoned for car rental use
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    Absolute NNN Walgreens Retail
    Absolute NNN Walgreens Retail

    4415 Douglas Ave, Des Moines, IA 50310

    Contact for pricing

    For sale Walgreens with a new 15-year absolute NNN lease, zero landlord obligations, and corporate Walgreens guarantee.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Des Moines, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    NNN-Leased Restaurant Property
    NNN-Leased Restaurant Property

    1500 W 18th St S, Newton, IA 50208

    $2,145,000
    4,968 sqft 1.20 AC lot

    Pizza Ranch occupies the building under an absolute NNN lease with annual rent increases of approximately 2%.

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    Absolute NNN Leased Pizza Restaurant
    Absolute NNN Leased Pizza Restaurant

    1500 W 18th St S, Newton, IA 50208

    $2,145,000
    52,272 sqft

    A fully stabilized Absolute NNN lease with Pizza Ranch provides long-term, tenant-paid operating expenses.

    View details
    Single-Tenant NNN Restaurant
    Single-Tenant NNN Restaurant

    1250 8th Street, West Des Moines, IA 50265

    Contact for pricing
    4,063 sqft

    Single-tenant Mexican restaurant under a triple net lease near Interstate access and West Des Moines amenities.

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    Built-Out Restaurant Lease Space
    Built-Out Restaurant Lease Space

    1600 Valley West Drive, West Des Moines, IA 50266

    Contact for pricing
    14,129 sqft

    Restaurant space includes four party rooms, restrooms, an employee office, a large open area, and a bar area.

    View details

    Des Moines, IA Nnn Properties Market Trends and Statistics

    Explore 3 nnn properties for sale in Des Moines, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 40,228 square feet of properties for sale, with an estimated market value of $4,200,000.

    Sale prices for triple net lease properties in Des Moines, IA average $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 306K
    Population Growth (5Y) +2.6%
    Median Household Income $80,154
    College Educated 12.6%

    Taxes & Financing

    Tax Rate (average for all types) 3.09%
    Property Tax per SF $42.10 per SF
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Polk County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Des Moines fall within the 100,000+ square foot range.

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    • 50313
    • 50315

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