Map pin555 9th Street Northeast, Altoona, IA, 50009, US

I-80 Distribution Center - Altoona

I-80 Distribution Center - Altoona_Propriété à vendre

Attributs

Superficie du bâtiment nette
27 871 mètres carrés
Année de construction
2023
Hauteur claire
9,75 m

Description de l'actif

JLL presents an exceptional value-add opportunity in the Des Moines, Iowa metro area, featuring a brand-new 300,000 square foot spec industrial property in Altoona. This state-of-the-art facility boasts cutting-edge design and construction, featuring 32-foot clear heights, ESFR sprinkler systems, ample dock and drive-in doors, and an expansive 185-foot truck court. Located in a prime submarket with robust growth and low vacancy rates, the property offers strategic access to major highways. The site presents significant lease-up potential. Built to the highest standards with premium materials, this energy-efficient building offers low maintenance costs and flexible configurations to accommodate various tenant needs.

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Points forts de l'investissement

High-Quality, New Construction Specifications:

  • 32’ clear height
  • Built in 2023
  • LED high-bay lighting providing 30 foot-candles at 3’ above finished floor
  • 185’ truck court
  • ESFR sprinkler system
  • 2,000 s.f. open plan spec offices in each building (expandable)
  • 66 trailer parking stalls 


Strong Market Fundamentals:

  • Low industrial vacancy rate of 6.9% in Des Moines
  • 91.1% of under-construction space pre-leased
  • YTD net absorption of 1,005,836 s.f.


Value-Add Opportunity:

  • Currently 0% occupied, offering significant leasing upside
  • Flexible configurations to accommodate various tenant needs


Strong Corporate Presence:

  • Des Moines’ diverse economic base, including finance, insurance and agribusiness, supports long-term industrial demand 
  • Located near major companies such as Facebook, Bridgestone, Kreg Tool, and John Deere


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Dernière mise à jour
20 févr. 2025