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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

AirportDriveWalkDistance
Des Moines International 14 min - 6.7 mi
Seth Krepistman 512-543-7437 Sands Investment Group Austin, LLC
Seth Krepistman 512-543-7437 Sands Investment Group Austin, LLC