For Sale
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Property summary
This exceptional Des Moines investment opportunity features a Jiffy Lube property with a 14.6-year remaining lease term (expiring 09/30/2039), commencing 10/01/2019. The 3,744 square foot building sits on a 0.63-acre lot and benefits from a strong, built-in customer base within a densely populated area. The property enjoys a prominent location on SE 14th St, a high-traffic thoroughfare with 26,300 vehicles passing daily. Its strategic placement as an outparcel to Menards and proximity to… major retailers like Walmart, Home Depot, Target, and Hy-Vee ensures consistent visibility and customer flow. The Absolute NNN lease includes two 5-year renewal options with 2% annual rent increases. The asking price is $1,173,190, representing a land value of $313.35 per square foot. Built in 1986, this single-story building offers a fee simple ownership opportunity with a single tenant occupancy. The property's location is further enhanced by its proximity to downtown Des Moines (4 miles) and Des Moines International Airport (3 miles), serving over 3 million passengers annually. The 5-mile population exceeds 101,000, indicating a robust and stable market. This turnkey investment presents a compelling opportunity for long-term growth and passive income.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,384 SF
- Lot area
- 0.63 ac
- Year built
- 1986
- Stories
- 1
- APN
- 120/04472-277-000
- Zoning
- C-2
- Assessed value · 2023
- $343,000
- Annual tax · 2020
- $8,204
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2020
- $8,204
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Historical Records
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