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3424 Ep True Pky
West Des Moines, IA 50265 Outer West Des Moines/Urbandale

$5,655,428 USD

Daycare Center For Sale  •  15,064 SF

Property Details

• Property Type Daycare Center
• Total Building Size 15,064 SF
• Lot Size 1.66 AC
• Building Class B
• Year Built 1993
• Cap Rate 7.00 %
• Tenancy Single
• Zoning OF

30 Transit Score

50 Walk Score

Highlights

New Creations Child Care and Learning Center is a regional provider with 20 locations between Minnesota and Iowa.

Des Moines is the state capital and largest city in Iowa and serves as a central hub for government, business, and culture in the region.

15 minute drive from Des Moines International Airport (DSM) which is undergoing a $445M expansion.

12+ years remaining on initial term with 2% average annual rent escalations.

Average household income of $115,744 and a population of 143,529 residents within a 5-mile radius.

9 elementary feeder schools within a 5-mile radius from the center.

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
New Creations Child Care	15,064 SF	6/30/2038

Public Transportation

Airport	Drive	Walk	Distance
Des Moines International	14 min	-	6.7 mi