6910 4th Mile Dr Ankeny, IA 50021-7438
This exceptional investment opportunity presents a 157,500-square-foot Class A warehouse facility located within the Four Mile Industrial Park in Ankeny, Iowa. The property, built in 2022, sits on a 13.71-acre lot and boasts a single-story design with a 32-foot ceiling height. Currently 100% occupied by Amazon under a Net Lease agreement, this asset offers significant long-term stability. The lease commenced August 1st, 2024, and extends for a total of 10 years, with four 5-year renewal options, providing a remaining lease term of approximately 9.7 years. The building features 26 loading docks, making it highly efficient for distribution operations. Its strategic location in Ankeny, Iowa, positions it ideally for last-mile distribution, catering to the growing demand in the region. This is a turnkey investment opportunity with a strong tenant and a long-term lease, offering substantial returns for a discerning investor. The property's modern design and prime location make it a highly desirable asset in the competitive industrial real estate market. This single-tenant, net-lease property offers a low-maintenance, high-return investment with a secure, established tenant. The property address is 6910 SE Four Mile Dr, Ankeny, IA 50021.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.