Office•Office Building•For Sale

1500 NW 118th Street

1500 NW 118th Street, Clive, Iowa 50325

Sale Price $14,500,000
Sale Type Investment
Zoning Commercial
Bldg Type Single Tenant
Class A
Status Existing
Year Built 1997
Year Renovated 2014
Stories 3
Cap Rate 7.79%
Vacancy 100%
Gross Bldg 86,892 SqFt
Land Area 12.21 Acres
Avail Parking 5/1000SqFt
Net Op Inc $1,129,596
Market Office
Newly Listed Single Tenant Class A Office Building with 5.5 years remaining on lease with an additional 5 year option, CPI Based Rate Increases. A Western Suburb of Des Moines Metro. Located Just off NW 118th Street in Clive Iowa
  • Newly Remodeled
  • Global Credit Tenant in Place
  • Wooded Campus with Nature Trails
  • Surface Parking
  • Well Maintained
  • Easy Interstate 35/80 Access
12/5/2018 2:40:46 PM 12/5/2018 2:41:43 PM
Brad Long
Commercial Team Leader, Broker Associate
Greater Des Moines

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