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33346723

1250 8th Street, West Des Moines, IA 50265

DF
IA B35169000
Ferguson Commercial Real Estate Services
Listed by Ferguson Commercial Real Estate Services
$1,360,000
3 days on market
Updated 3 days ago

1250 8th Street

Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,063
Cap Rate 7.5%
NOI $102,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Remaining Term 5
Price per SqFt $335
Year Built 1974
Acreage 0.790
Zoning SC
Ground Lease No

About This Property

Marketing description

1250 8th Street is a single-tenant NNN Investment. The restaurant is occupied by El Fogon a Mexican Restaurant in West Des Moines. The property offers investors stable income through a Triple Net lease structure with minimal landlord responsibility, while benefiting from a highly accessible location near Interstate 235, Valley Junction, and the greater Des Moines metro area. This investment combines passive cash flow with the long-term strength of one of Central Iowa's premier commercial markets.

Investment highlights

1250 8th Street presents an opportunity to acquire a single-tenant NNN investment occupied by El Fogon, offering stable and predictable cash flow at an attractive 7.50% cap rate. With approximately five years remaining on the current lease term, the property provides investors with secured in-place income and reduced near-term leasing risk. The triple-net lease structure with minimal landlord responsibilities, creating a passive investment profile while benefiting from an established restaurant operator. Strategically located in West Des Moines near I -235 and the Valley Junction area, the asset enjoys excellent accessibility, strong surrounding demographics, and exposure to one of Central Iowa's most desirable commercial markets, combining reliable income with long-term investment potential.

Listing Contacts

DF
IA B35169000
Ferguson Commercial Real Estate Services
Listed by Ferguson Commercial Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$102,000.00
$8,500.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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