Take advantage of this rare opportunity to own a stabilized single-tenant investment property in a high-visibility location along E Euclid Avenue. The building totals 3,132 square feet and is fully leased under a brand-new 10-year lease term, offering reliable cash flow and long-term tenant stability.
Recent capital improvements include a new roof, HVAC system, grease trap, and updated site plan. The drive-thru has also been upgraded with new concrete, enhancing both functionality and curb appeal.
Located in a high-traffic corridor with strong surrounding demographics, this property presents a turnkey investment with minimal near-term maintenance needs and a committed tenant in place.
Legal: -EX N 4.5F & S 55F- W 165F LOT 28 BROWNS LOWLAND
PLACE
722282
$1,295,000
Sale
CommercialSale
1501 E Euclid Avenue
Des Moines
Polk
IA
50316
3123
3123
Des Moines N.East
18194
1995
No
Stanbrough Realty Company, Andrew McCune (515.402.1642) & Stanbrough Realty Company, Jeffrey Stanbrough (515.202.6649)
Listed by : BHHS FIRST REALTY WESTOWN, MARTHA LEBRON DYKEMAN (415.254.3619) & BHHS FIRST REALTY WESTOWN, SHARON KLAUS (515.771.6352)
Listed by : RE/MAX REVOLUTION, ROBERT EISENLAUER (515.979.2883)
Listed by : RE/MAX PRECISION, SARA HOPKINS (515.710.6030)
Listed by : HUBBELL HOMES OF IOWA, LLC, HANNA CARLSON (515.689.8505) & HUBBELL HOMES OF IOWA, LLC, PATRICK FOX (515.778.3699)
Listed by : HUBBELL HOMES OF IOWA, LLC, HANNA CARLSON (515.689.8505) & HUBBELL HOMES OF IOWA, LLC, PATRICK FOX (515.778.3699)
Listed by : HUBBELL HOMES OF IOWA, LLC, HANNA CARLSON (515.689.8505) & HUBBELL HOMES OF IOWA, LLC, PATRICK FOX (515.778.3699)