3054 86 St Urbandale, IA 50322
- Day care centers
- 13,262 SF
- 0.99 lot acres
Current Use by Public Records
- Day care centers
Property Details for 3054 86 St
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 0.99 lot acres
- Property size
- 13,262 SF
- Zone code
- R-1I
- Property type
- Day care centers
- APN
- 312/03292-001-001
- APU
- 31203292001001
Description
This exceptional investment opportunity presents a 13,262 square foot, two-story daycare center in Urbandale, Iowa. Located at 3054 86th St, this Class B retail property sits on a 0.99-acre lot and is currently 100% occupied by a single tenant under a triple net (NNN) lease. The building, constructed in 1985, benefits from a strong lease with a remaining term of approximately 4.1 years, extending to December 31, 2028. The lease includes one 5-year renewal option and features annual rent bumps, ensuring consistent income growth. The property is zoned R-1I and offers significant potential for long-term returns. Its prime location in the vibrant Urbandale community contributes to its high occupancy rate and strong tenant base. This is a rare opportunity to acquire a well-established, income-producing asset in a desirable market. The property's solid structure and favorable lease terms make it an attractive investment for discerning buyers seeking stable, long-term returns. The current lease provides immediate cash flow, while the renewal option secures future income potential. This turnkey operation requires minimal management, making it an ideal addition to any investment portfolio.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $320,000
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Location Insight
- Map
- Local Demand
- City
- Urbandale
- County
- Polk
- State
- Iowa
- Longitude
- -93.7372
- Latitude
- 41.6229
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
