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1800 Hull Ave

70,660 SF Industrial Building Des Moines, IA 50313 $6,188,160 CAD ($88 CAD/SF) 8.03% Cap Rate

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Investment Highlights

Roof Replaced In 2014

9,433 SF Office Buildout

Executive Summary

70k SF Industrial with over 9k SF office on 5.3 acres located in NE Des Moines. Internal Clear Height Range Estimate 13' - 23'. Current tenant NNN lease is through May 2025. Possible for Tenant to vacate sooner.

1800 Hull Ave Sales Brochure

Property Facts

Price	$6,188,160 CAD	Rentable Building Area	70,660 SF
Price Per SF	$88 CAD	No. Stories	1
Sale Type	Investment	Year Built	1986
Cap Rate	8.03%	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.27/1,000 SF
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse Industrial Service	Clear Ceiling Height	24 ft
Building Class	C	No. Dock-High Doors/Loading	3
Lot Size	5.33 AC	No. Drive In / Grade-Level Doors	6

Price	$6,188,160 CAD
Price Per SF	$88 CAD
Sale Type	Investment
Cap Rate	8.03%
Property Type	Industrial
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse Industrial Service
Building Class	C
Lot Size	5.33 AC
Rentable Building Area	70,660 SF
No. Stories	1
Year Built	1986
Tenancy	Single
Parking Ratio	1.27/1,000 SF
Clear Ceiling Height	24 ft
No. Dock-High Doors/Loading	3
No. Drive In / Grade-Level Doors	6

Lighting
Gas
Water
Sewer
Heating

Space Availability

1st Floor
70,660 SF
Industrial
Full Build-Out
30 Days

The property has three dock high doors, two 20' drive-in doors, four 12' drive-in doors, internal clear height range estimate 13' - 23'. 1200 Amp - 3 Phase Service