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1111 East Army Post Road
Des Moines, IA 50315
Asking Price
Contact for price
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Southridge Plaza <p>Spaces once occupied by former megastore anchors like Sears, Younkers, and Toys-R-Us have been reimagined into community-serving uses including the state-of-the-art Genesis Health Club fitness facility and multi-sports complex and a new VA outpatient clinic. These strategic inline opportunities offer retailers and businesses the chance to capitalize on the project’s momentum, with a 45,000 SF former theatre building and 10,000-105,000 SF of flexible west mall inline space available. Positione
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
