600 Center St
- Low price point; excellent 1031 exchange opportunity
- Close Proximity to Major Transportation Nodes
- Irreplaceable Industrial Zoning
- Attractive Industrial Submarket
Property Description
Locate Commercial Real Estate is pleased to exclusively present the opportunity to acquire a value-add Industrial Outdoor Storage (IOS) facility located at 600 Center Street in Des Moines, Iowa. Situated on approximately 1.04 acres, the property includes a ±768 square foot garage and offers excellent functionality for a variety of industrial or storage uses. Currently 73% leased, the asset provides immediate income with significant upside potential through lease-up of the remaining space and rental rate adjustments. This is a rare opportunity for investors seeking an infill IOS asset with growth potential in the heart of the Des Moines metro.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $450,000 |
| Year Built: | 2010 |
| Lot Size: | 1.04 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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