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5970 Morning Star Ct
Des Moines, IA 50327

$6,920,000 USD

Convenience Store For Sale  •  5,617 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 5,617 SF
  • Lot Size 2.43 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 5.15 %
  • Tenancy Single
  • Zoning C-2
0 Transit Score
10 Walk Score

Highlights

New Construction Single-Tenant Kum & Go Rebuild/Expansion Site: Rare 20-year absolute NNN lease; zero landlord responsibilities
New Construction; Long-Term Historical Occupancy: The tenant has been operating at this location since 2004 - it was torn down and rebuilt in 2022
Excellent Access and Visibility: Located just off U.S. Route 65’s University Avenue exit (Highway 163)
Signalized Intersection Location: 25,000 cars per day at the intersection of University Avenue / Highway 163 and 60th Street
Surrounded by New Developments: Forge65 | The Crossing at Pleasant Hill
Des Moines, IA Suburb: 840,490 metro population
Cap Rate: 5.15 %

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Des Moines International 26 min - 14.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Jeff Lefko 844-585-7682 Hanley Investment Group
Jeff Lefko 844-585-7682 Hanley Investment Group