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3054 86Th St Urbandale, IA 50322

Thriving Daycare, Strong Lease, Urbandale, IA

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a 13,262 square foot, two-story daycare center in Urbandale, Iowa. Located at 3054 86th St, this Class B retail property sits on a 0.99-acre lot and is currently 100% occupied by a single tenant under a triple net (NNN) lease. The building, constructed in 1985, benefits from a strong lease with a remaining term of approximately 4.1 years, extending to December 31, 2028. The lease includes one 5-year renewal option and features annual rent bumps, ensuring consistent income growth. The property is zoned R-1I and offers significant potential for long-term returns. Its prime location in the vibrant Urbandale community contributes to its high occupancy rate and strong tenant base. This is a rare opportunity to acquire a well-established, income-producing asset in a desirable market. The property's solid structure and favorable lease terms make it an attractive investment for discerning buyers seeking stable, long-term returns. The current lease provides immediate cash flow, while the renewal option secures future income potential. This turnkey operation requires minimal management, making it an ideal addition to any investment portfolio.

Highlights

  • 13,262 SF retail building in Urbandale, IA.
  • Class B, single-tenant daycare facility.
  • NNN lease expiring 12/31/2028 with 4.1 years remaining.
  • 100% occupancy.
  • Built in 1985 on a 0.99-acre lot, with one 2-story building.
  • R-1I zoning.

Property Details for 3054 86Th St

Property type
Day care centers & nurseries, Retail properties
Square Feet
13,262 SF
Class
B
Year Built
1985
Buildings
1
Stories
2
Lot Size (sq. ft)
43,124 SF

Location Insight

City
Urbandale
County
Polk
State
Iowa
Latitude
41.622839
Longitude
-93.7371643
3054 86Th St, Urbandale, Iowa

FAQs

What type of property is this?
Day care center & nursery - Thriving Daycare, Strong Lease, Urbandale, IA
Where is the day care center & nursery located?
The property is located at 3054 86Th St Urbandale, IA.
What are key features of this property?
This property features: 13,262 SF retail building in Urbandale, IA.; Class B, single-tenant daycare facility.; NNN lease expiring 12/31/2028 with 4.1 years remaining.
How can I contact the broker?
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3054 86Th St
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