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CBRE|Hubbell Commercial is pleased to exclusively market for sale Georgetown Plaza in Ankeny, Iowa, a northern suburb of Des Moines. This retail complex was built in 2006 and is comprised of 23,445 RSF sitting on 8.55 acres. The complex is currently 86% occupied, providing the owner with a steady income stream and diversely strong tenant roster which includes national, regional and local credit tenants. There are currently eight tenants and two remaining vacancies in the building. The leases in place are all triple net with many of the leases extending five - ten years through renewal options. The entire parcel is for sale which includes the remaining 4.6 acres of development ground adjacent to the north. The development ground shares access via N. Ankeny Boulevard with Georgetown Plaza and includes additional access via NE Georgetown Boulevard. This ground is partly improved with a parking lot that was recently extended on the north side of the retail center and allows for another hind access point on NE Grant Street.
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Free standing Lube shop with full basement work area. Overhead Doors with Drive Thru Service. .70 Acres not all developed. Traffic Count 21,320 ADT as of September 2012 on Ankeny Blvd. two overhead drive thru bays, doors 11' x 12' height, building 40' wide by 35' deep.