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505 Market Street
West Des Moines, IA 50266
Asking Price
$7.40M
Cap Rate
6.68%
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 28,626 SqFt <ul><li>Fully leased office building providing immediate cash flow</li><li>Stable tenant occupancy with limited near-term leasing risk</li><li>Prime West Des Moines location within a highly sought-after office market</li><li>Strong surrounding demographics and employment base</li><li>Convenient access to major transportation corridors and regional amenities</li><li>Opportunity for future rent growth and value appreciation</li><li>Well-positioned asset for both private and institutional in
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NOI
$80,000
Cap Rate
1.08%
DSCR
0.18
Underwater
Cash-on-Cash
-16.19%
Monthly Payment
$36,611.162
Annual Cash Flow
$-359,333.949
