Office    

7405 University Ave

 Clive (Des Moines), IA

Reduced Price

$1,350,000

Reduced Price/SF

+\- $115

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Diversified

Tenant Base

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Below

Market Rents

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Potential

Re-Tenanting Upside

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Diversified Tenant Base - The Property consists of a diverse mix of tenants with a majority in the
    healthcare sector.
  • Below Market Rents - The current tenant rents average approximately $10/SF; the average submarket rent is over $22/SF.
  • Potential Re-Tenanting Upside - The Property is less than 20% vacant; the current owner/landlord is willing to vacate ~25% of the space for an owner/user or new tenant. The current situation offers an opportunity to reposition the Property and increase the income.
  • Active Office Submarket - The Western Suburbs Office Submarket of Des Moines is one of the more active and desirable markets for small businesses.

Exclusively Listed By

In Association With
Scott Briggs

IA Broker # B67010000

Northmarq

120 West 45th Street, Suite 2610 
New York, NY 10036


northmarq.com