1101 E Army Post Rd
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1101 E Army Post Rd
8,896 SF Retail Building Des Moines, IA 50315 $1,200,000 ($135/SF)
Investment Highlights
- Great visibility.
- Located in close proximity to established retail and residential neighborhoods.
Executive Summary
Freestanding Retail Building plus 2 Adjacent Lots. Built in 1987; remodeled in 2016. The property is an outparcel of the former Southridge Mall. Located on the south side of Army Post Road in close proximity to Hy-Vee and Target, between SE 5th Street and SE 14th Street.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,896 SF
Building Class
C
Year Built
1987
Price
$1,200,000
Price Per SF
$135
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.15
Lot Size
1.36 AC
Zoning
MX3 - Mixed Use District
Parking
72 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
241 FT on E Army Post Rd
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $237,000 | |
| Land Assessment | $477,000 | Total Assessment | $714,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$477,000
Improvements Assessment
$237,000
Total Assessment
$714,000
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1101 E Army Post Rd
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