2525 E Euclid Ave | Des Moines, IA 50317
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2525 E Euclid Ave
Des Moines, IA 50317
MercyOne Medical Office Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Net (NNN) Lease - Zero Landlord Responsibilities
- Rental Escalations throughout Current Lease Term
- Mercy One Is The Largest Healthcare System In Iowa
- 2018 Built-To-Suit Construction for Tenant
- 7 Years Remaining On A 12 Year Initial Lease Term
- Lease Guaranteed By Mercy Clinics, Inc. A subsidiary of Mercy One Which Has 420+ Locations and 20,000+ Employees
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
7,750 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,750 SF
Building FAR
0.14
Lot Size
1.25 AC
Zoning
CM - 27 - Office Medical
Parking
54 Spaces (6.97 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 060/03405-017-000 | Improvements Assessment | $1,879,000 |
| Land Assessment | $651,000 | Total Assessment | $2,530,000 |
PROPERTY TAXES
Parcel Number
060/03405-017-000
Land Assessment
$651,000
Improvements Assessment
$1,879,000
Total Assessment
$2,530,000
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