Listed by LOCATE Commercial Real Estate
Unpriced
Cadence Academy - Urbandale
Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 13,262
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2028
Remaining Term 2.6
Rent Bumps Yes
Lease Options 1
Class B
Year Built 1985
Buildings 1
Stories 2
Acreage 0.990
Zoning R-1I
Ground Lease No
Retail | 13,262 SF
Marketing description
•13,262 SF retail building with strong investment potential
•Built in 1985, offering a solid and established structure
•Prime location in the thriving Urbandale area
•Currently at 100% occupancy, ensuring immediate returns
•Original lease term of 10 years, with a 5-year extension
•Renewal term secured through 2028, with (1) 5-year renewal option2% annual base rent increases, providing steady income growth
Listing Contacts
Listed by LOCATE Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
