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32316688

4 Locations

TJ
IA S43030000, IA S43030000
CBRE - Des Moines
BW
IA S33231000
CBRE - Des Moines
CBRE - Des Moines
CBRE - Des Moines
DL
IA S69609000
CBRE - Des Moines
Listed by CBRE - Des Moines
$15,475,954
94 days on market
Updated 30 days ago

Riverpoint Business Park

Details
Property Type Industrial, Office
Sub Type Flex
Square Footage 189,084
Price per SqFt $82
Buildings 5
Acreage 14.080

Four Property Investment Porftolio | Des Moines, Iowa

Marketing description

CBRE is pleased to offer this value-add investment opportunity to own four (4) small bay (office/warehouse) buildings within Riverpoint Business Park. Strategically located on the south end of Des Moines’ Central Business District, these four buildings feature flexible and modern workspaces, while catering to tenant’s diverse operational needs. Businesses at Riverpoint benefit from a professional atmosphere complemented by free, surface-level parking and immediate accessibility to the Des Moines Regional Transit Authority (DART) mass transit system.

While the Riverpoint Business Park Portfolio is being marketed as a cohesive four‑building offering totaling 189,084 RSF across 14.078 acres, the Seller will also evaluate proposals for select individual assets or logical multi‑building combinations. This flexibility provides investors with the opportunity to acquire the full scale and operational synergy of the entire portfolio or tailor an acquisition to specific size, tenancy, or repositioning objectives.

Investment highlights

  • Portfoil consists of the following properties: 501 SW 7th Street, 535 SW 7th Street, 600 SW 7th Street & 601 SW 9th Street
  • The opportunity to own this portfolio is almost singular in nature as there exists significant barriers to development of similar small bay product.
  • Constructed in a small (shallow) bay format, these buildings feature optimum flexibility for office, warehouse, and showroom needs.
  • Nearby amenities including hotels with conference facilities, restaurants, retail, medical, and Court Avenue Entertainment District.
  • The portfolio is strategically positioned along multiple mass transit bus routes, providing convenient, high-frequency access.
  • Managed by Hubbell Realty Company.
  • Free, on-site surface parking at all properties.

For more information, and to view our offering memorandum, please visit:

https://www.cbredealflow.com/handler/modern.aspx?pv=tsxWAw8ZzIeVdxMV9ac_9LD_FVgZEoKxXpBDjU80UW_wmL43Jcq31DCuAH-jVnLsK9J7frG_Wkz8p1RGUfLZ9g

Listing Contacts

TJ
IA S43030000, IA S43030000
CBRE - Des Moines
BW
IA S33231000
CBRE - Des Moines
CBRE - Des Moines
CBRE - Des Moines
DL
IA S69609000
CBRE - Des Moines
Listed by CBRE - Des Moines

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Additional Information

Name
thomas (TJ) Jacobs
License
S43030000
Brokerage Address
595 South 60th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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