MEDICAL OFFICE|RETAIL SPACE + Available Space − Total Site: +/- 4.56 Acres − Building: 30,000 SF + Sale Price − $2,950,000 − Cap Rate: 8% on existing structure (plus value of outlot) + Building Features − 100% leased investment property − Additional 0.83 acres pad site included in price − Zoning: PUD + Traffic Count − Park Avenue: 20,100 VPD − SW 63rd Street: 15,500 VPD + Tenants Include: − Regenexx, Montessori & More, Integrated Physical Therapy, CrossFit, St. Gregory Retreat Centers, Opioid Clinical Management CONTACT US MIKE MACRI III, CCIM Vice President +1 515 221 6625 [email protected]6151 & 6201 THORTON AVENUE MEDICAL OFFICE|RETAIL DES MOINES, IA 50321 FOR SALE CBRE|HUBBELL COMMERCIAL 6900 Westown Parkway West Des Moines, Iowa 50266 www.cbre.com/desmoines LISTING#1122133
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MEDICAL OFFICE|RETAIL SPACE
+ Available Space
− Total Site: +/- 4.56 Acres
− Building: 30,000 SF
+ Sale Price
− $2,950,000
− Cap Rate: 8% on existing structure (plus value of outlot)
+ Building Features
− 100% leased investment property
− Additional 0.83 acres pad site included in price
6151 & 6201 THORTON AVENUE MEDICAL OFFICE|RETAILDES MOINES, IA 50321
FOR SALE
CBRE|HUBBELL COMMERCIAL6900 Westown Parkway West Des Moines, Iowa 50266www.cbre.com/desmoines
LISTING#1122133
FOR SALE6151 & 6201 THORTON AVE
MEDICAL OFFICE|RETAILDES MOINES, IA 50321
FLOOR PLAN
This property is being marketed as a fully leased investment property. The current ownership structure as office condominiums are fully controlled by the Seller and the structure can be retained or converted by a Buyer. The anchor Tenant, Regenexx Corporate operates its corporate headquarters from this location for its nationwide stem cell treatment network. Other medical tenants include, St. Gregory Retreat Center & Integrated Physical Thera-py; both are longer term tenants. Montessori & More has recently completed a move to this location and has ex-panded their operations. Montessori & More has been in business for over 30 years. CrossFit has just recently relocated to the center. Additionally, the property is being sold in conjunction with a .83 acre outparcel with ex-cellent frontage and could be well suited for further development.
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6151 & 6201 THORTON AVE
FOR SALE6151 & 6201 THORTON AVE
MEDICAL OFFICE|RETAILDES MOINES, IA 50321
S 1ST STR
EET
PARK AVENUE
This investment property is situated just south of the interchange at Park Avenue and 63rd Street in Des Moines, IA with over 15,000 VPD at the site providing excellent signage and access. This location is centrally located within the metropolitan area of Des Moines with easy access to I-80/35 via I-235 & Hwy 5. The property is also just minutes from the commercial and private terminals for the Des Moines International Airport.