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7020 Douglas Avenue
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Retail investment property located at 7020 Douglas Avenue in Urbandale.
- Current asking price for this asset is set at $1,500,000.
- The building maintains a current occupancy rate of 92 percent.
- Investors can expect a capitalization rate of 7.4 percent.
- Property is well-positioned for diversified multi-tenant retail business operations.
What's Special
Priced at $1,500,000, this multi-tenant retail property at 7020 Douglas Avenue in Urbandale, Iowa, represents a stable acquisition for investors. The asset currently maintains a 92% occupancy rate and delivers a 7.4% cap rate, positioning it as a functional income-producing vehicle within the Des Moines metropolitan area. Urbandale serves as a growing suburban corridor, providing steady consumer demand for local and regional retail tenants. Strategic placement within this established market supports consistent traffic flow for service-oriented businesses, restaurants, or neighborhood retail concepts. The configuration of the building allows for diverse tenant profiles, making it suitable for owners seeking a reliable addition to an existing investment portfolio. The surrounding region remains a vital component of the Iowa economy, characterized by consistent suburban development and a steady commercial climate suitable for long-term hold strategies.
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