2829 Ankeny Blvd Ankeny, IA 50023-9121
- Individual retail properties
- 27,966 SF
- 4.30 lot acres
Current Use by Public Records
- Urban Air Trampoline and Adventure Park / Amusement Center / Children'S Amusement Center
Property Details for 2829 Ankeny Blvd
- Year built
- 2019
- Construction
- CONCRETE
- Lot size
- 4.30 lot acres
- Property size
- 27,966 SF
- Zone code
- C-2
- Property type
- Individual retail properties
- APN
- 181/00626-092-082
- APU
- 18100626092082
Description
This exceptional single-tenant investment property, a 28,705 square foot Urban Air Trampoline Park, presents a compelling opportunity. Located at 2829 S Ankeny Blvd, Ankeny, IA 50023, on a 3.327-acre lot, this property boasts a strong 5.46% cap rate and a substantial net operating income (NOI) of $267,550. Built in 1999 and renovated in 2019, the building enjoys 100% occupancy with a 10-year lease in place, including two five-year renewal options at market rates, ensuring long-term stability. Situated in a prime Ankeny location, this property benefits from its proximity to schools, parks, and various entertainment options. Ankeny's consistent growth, currently ranked among the nation's fastest-growing cities, further enhances the investment potential. The asking price is $4,900,000. This turnkey investment offers a secure and profitable opportunity in a thriving market. The property's size, tenant, and location combine to create a truly exceptional investment prospect. Don't miss this chance to acquire a high-performing asset in one of the Midwest's most dynamic cities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ankeny
- County
- Polk
- State
- Iowa
- Longitude
- -93.5969
- Latitude
- 41.7008
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA