505 Sheridan Ave - Manufacturing FOR SALE


Des Moines, IA 50313
$1,350,000 USD
515-414-1767
505 Sheridan Ave, Des Moines, IA for Sale
$1,350,000 USD
Manufacturing - FOR SALE
1/7
null | Request Cap Rate

505 Sheridan Ave
Des Moines, IA 50313


HIGHLIGHTS

  • Easy Access to major highways
  • Located in Beautiful Des Moines with the Des Moines River, parks and other amenities all within driving distance.

OVERVIEW

This 12,449 SF Flex Industrial building in the heart of Des Moines is available for sale. The radiant heated building features a 2,580 SF Office and Showroom, (5) 14' Overhead Doors and locker rooms. Outside you'll find a fully fenced lot with +/- 0.92 Acres of Asphalt parking and +/- 0.34 Acres of Gravel storage. The current lease runs through 2024. An additional 8,000 SF can be added to the existing building.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.22

LAND SF

53,143

ZONING

M-1

APN/PARCEL ID

070/00783-001-005

ASK ABOUT THIS PROPERTY

515-414-1767

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515-414-1767

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