For Sale
$2,050,000

1850 Plz Shops Ln Ankeny, IA 50023

High-return Ankeny storefront, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional Ankeny, Iowa storefront investment property, located at 1850 SW Plaza Shops Lane, offers a compelling opportunity for investors seeking strong returns. The 6,784 square foot building, constructed in 2015, sits on a 0.58-acre lot and boasts a 6.00% cap rate. Currently 100% occupied with triple-net (NNN) leases, this single-story building is zoned PUD. Situated in the desirable Prairie Trail area, west of HyVee, the property features upscale finishes and ample parking. The asking price is $2,050,000, presenting a solid investment with a proven track record. The property's APN is 181-15775104001 and is suitable for a 1031 exchange. This turnkey investment offers immediate cash flow and significant upside potential in a thriving Ankeny location. The property consists of one building and is conveniently located in Polk County, Iowa, zip code 50023.

Property Details for 1850 Plz Shops Ln

Property type
Retail properties, Office properties
Square Feet
6,784 SF
Year Built
2015
Buildings
1
Stories
1
Lot Size (sq. ft)
25,265 SF

Location Insight

City
Ankeny
County
Polk
State
Iowa
Latitude
41.704198943082
Longitude
-93.625660494773
1850 Plz Shops Ln, Ankeny, Iowa

FAQs

What type of property is this?
Retail property - High-return Ankeny storefront, 100% occupied.
Where is the retail property located?
The property is located at 1850 Plz Shops Ln Ankeny, IA.
What is the asking price?
The asking price for this property is $2,050,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1850 Plz Shops Ln
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