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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 only ~5% 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.
