225 E 1st St

225 E 1st St, Ankeny, IA 50021

RETAIL For Sale

Year Built: 1989

Floors: 1

Available Spaces

SpaceSizeTypePricing
Cadence Academy - Ankeny SALE Contact for pricing

Contact

Steve Scott - Locate Commercial Real Estate

PHONE: 5157787268

Description

•7,656 SF retail building with strong investment potential •Built in 1989, offering a solid and established structure •Zoned C1, providing flexibility for retail use •Prime location in the thriving Ankeny area •Currently at 100% occupancy, ensuring immediate returns •Original lease term of 10 years, with a 5-year extension •Renewal term secured through 2028, with (1) 5-year renewal option2% annual base rent increases, providing steady income growth