1433 Walnut St | Des Moines, IA 50309
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1433 Walnut St
Des Moines, IA 50309
REDEVELOPMENT | 6.65% CAP · Retail Property For Sale
Investment Highlights
- Walking distance to Exile Brewing Company
- Part of the Western Gateway District
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,628 SF
Building Class
C
Year Built/Renovated
1948/2020
Price
$1,983,690 CAD
Price Per SF
$352 CAD
Cap Rate
6.65%
NOI
$131,819 CAD
Percent Leased
41%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.68
Lot Size
0.19 AC
Zoning
C-3A - DX2 Downtown District
Parking
10 Spaces (1.77 Spaces per 1,000 SF Leased)
Frontage
148 ft on Walnut St
Amenities
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 020-01736001000 | Improvements Assessment | $854,622 CAD |
| Land Assessment | $385,362 CAD | Total Assessment | $1,239,984 CAD |
PROPERTY TAXES
Parcel Number
020-01736001000
Land Assessment
$385,362 CAD
Improvements Assessment
$854,622 CAD
Total Assessment
$1,239,984 CAD
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