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2135 NE 46TH AVE
DES MOINES, IA 50313-2696
Asking Price
$1.90M
Asset Type
Warehouse Industrial
Class
Class B
What's Special
Industrial • 12,000 SF <p>Flex Industrial</p><p>Fully Leased 12,000 SF </p><p>2.6 Acre Lot</p><p>17-19’ Clear Height</p><p>3- 10’ Dock Doors </p><p>2- 12x14’ Drive in Doors </p><p>Year Built- 1998</p><p>Reznor Heat</p><p>Zoned Heavy Industrial </p><p>Ample Parking</p><p>Value Add Opportunity </p>
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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96
