Listed by JLL - Des Moines, Iowa
$2,700,000
Tuscany Village Center II
Details
Property Type Retail, Office
Sub Type Shopping Center
Units 4
Cap Rate 7.82%
NOI $211,167
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Class B
Buildings 1
Parking Spaces spaces
Investment Type Stabilized
Retail | 7.82% CAP
Marketing description
Now available for sale, Tuscany Village Center II located at 3881 121st St.
Current NOI: $211,167.24 (with ~2% annual average increases)
Cap rate: 7.82%
Please contact us for further information.
Investment highlights
- Located North of Douglas on 121st Street, west of I-35/80 in Urbandale
- Multi-purpose building suitable for retail, office or flex uses
- Ample parking on-site
- Co-tenants include American Pacific Mortgage, Stylin' Paws Play Place, State Farm Insurance
- Building located north of Douglas on 121st Street, west of I-35/80 in Urbandale and is adjacent to multiple single-family and multi-family housing developments, & retail, commercial, and hospitality
- Long-term growing cash flow with a WALT of ~8 Year
Listing Contacts
Listed by JLL - Des Moines, Iowa
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$211,167.24
$17,597.27/mo
Valuation Metrics
0
DSCR
7.82%
Cap Rate
7.82%
ROI
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