Listed by NAI Iowa Realty Commercial - Des Moines
$9,350,000
2301 Fleur Drive
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 143,832
Brand/Tenant EMCOR (NYSE: EME), Wesco
Lease Type NNN
Lease Expiration 03/30/2027
Zoning DX2 - Downtown District
Ceiling Height 18' - 20'
Loading Docks 13
Industrial | 143,832 SqFt
Marketing description
Located on the east side of Fleur Drive, just south of Gray's Lake; entrance is on the north side of Bell Avenue. Convenient access to downtown, the Des Moines Airport, and the south beltway.
Investment highlights
- Warehouse distribution building with 143,832 square feet of net rentable area
- Abundant outside storage onsite
- 100% leased to two tenants
- 6 dock doors and 7 drive-in doors
- Clear Height: 18-20 feet
- Column Spacing: 30' x 60'
- Power: 1,200 amp, 480 3-Phase
- Zoning: DX2 - Downtown District
- Lease Summary - EMCOR d/b/a Baker Electric
- Tenant EMCOR (NYSE: EME)
- Leased SF 73,652
- Building Portion 51.2%
- Lease Start Date 2006
- Lease Expiration Date 3/31/2027
- Options None
- Current Annual Rent $449,277.20
- Current Rent PSF $6.10
- Rental Increases 3% Annually
- Lease Type NNN
- Tenant Responsibilities Taxes, Ins, CAM, Utilities
- Landlord Responsibilities Roof & Structural
- Lease Summary - Wesco
- Tenant WESCO (NYSE: WCC)
- Leased SF 70,180
- Building Portion 48.8%
- Lease Start Date 1997
- Lease Expiration Date 12/31/2026
- Options None
- Current Annual Rent $428,110.32
- Current Rent PSF $6.10
- Rental Increases 3% Annually
- Lease Type NNN
- Tenant Responsibilities Taxes, Ins, CAM, Utilities
- Landlord Responsibilities Roof & Structural
Listing Contacts
Listed by NAI Iowa Realty Commercial - Des Moines
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Zoning
DX2 MixedMixed UseDowntown
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