3602 Otterview Cir Ankeny, IA 50021-7773
This exceptional 2,000 square foot office space is available for sublease until April 30, 2025, located at 3602 NE Otter View Circle in Ankeny, Iowa. The property boasts a prime location with high visibility and traffic near I-35, Exit 96. The single-story building, constructed in 2014, offers a total of 5,798 square feet across three suites, situated on a 1.04-acre lot. This particular suite features three private offices, a conference room, and a breakroom. Office furniture is available for purchase, providing a seamless transition for new tenants. The space is ideal for a variety of businesses, including traditional, executive, medical, or creative office uses. The building is zoned C-2 and has ample parking with 15 spaces available. Enjoy the convenience of nearby retail, restaurants, golf courses, and other amenities. The property's location offers excellent accessibility and visibility, making it an attractive option for businesses seeking a high-traffic location. The lease rate is $22.00 per square foot, NNN, with operating expenses of $10.78 per square foot. Neighboring tenants include ReMax Precision and Subway, further enhancing the location's appeal. The property is located in the Des Moines submarket of Polk County, with a cross street of NE 36th St and APN 181-15275084000.
-
Subway Take-out & Catering Catering Service
-
RE/MAX REAL ESTATE: Maria Landmesser Real Estate Agency
-
Tim Scheib- REALTOR® Real Estate Agency
-
Pollard Family Dentistry Dental Office
-
Farmers Insurance - Kelly Bennett Insurance Agency
192.09 C-2 GENERAL RETAIL, HIGHWAY ORIENTED, AND CENTRAL BUSINESS COMMERCIAL DISTRICT. The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much of the strip commercial property existing along the major streets and highways of the City. The uses permitted are intended to accommod…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Ankeny, IA192.09 C-2 GENERAL RETAIL, HIGHWAY ORIENTED, AND CENTRAL BUSINESS COMMERCIAL DISTRICT. The C-2 District is intended to provide for major retail shopping areas outside the downtown area. These districts include, as well, much of the strip commercial property existing along the major streets and highways of the City. The uses permitted are intended to accommodate both the general retail consumer and the needs and services of the automobile-traveling consumer. 1. Principal Permitted Uses. Only the following uses of structures or land shall be permitted in the C-2 District: A. Any use permitted in the C-1 District. B. Retail, service or recreational uses, such as the following: (1) Animal hospitals, veterinary clinics or kennels, provided that any exercising runway is at least 200 feet from any R District boundary. (2) Automobile accessory stores. (3) Automobile, trailer, motorcycle, boat and farm implement establishments for display, hire, rental and sales (including sales lots); including, as incidental to these major uses, all repair work in connection with their own or customers’ vehicles, but not including uses in which the major source of revenue is from body and fender work. In addition, this paragraph shall not be construed to include automobile, tractor or machinery wrecking and rebuilding, and used parts yards. (4) Ballrooms and dancehalls. (5) Billiard parlors and pool halls. (6) Bookbinding. (7) Bowling alleys. (8) Business or secretarial schools or colleges, commercial trade schools, or other commercially operated schools for adults. (9) Carpenter and cabinet-making shops for retail custom work. (10) Commercial baseball fields, swimming pools, skating rinks, golf driving ranges, miniature golf courses, trampoline centers and similar recreational uses and facilities. (11) Department stores. (12) Drive-in restaurants. (13) Exterminator sales. (14) Drive-in theaters. (15) Printing and publishing houses. (16) Hotels, with no minimum density requirements. (17) Transportation passenger terminals, including bus stations, railroad passenger stations or other passenger terminals. (18) Laundries. (19) Labor union offices, including assembly halls. (20) Lawn mower repair shops. (21) Lumberyards, retail only. (22) Monument sales yards. (23) Motels, motor hotels, and tourist courts with no minimum density requirements. (24) Office buildings. (25) Packaged-goods stores for the sale of alcoholic beverages. (26) Pet shops, including aquariums. (27) Photographic printing or developing establishments. (28) Plumbing and heating shops.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
