TS Bank - Atlantic, IA
1005 E 7th St, Atlantic, IA, 50022, US
2.668.000 € | 716 m²
Beschreibung
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the two-tenant Boot Barn/DXL at 6503 Milles Civic Parkway, West Des Moines, Iowa (“Property” or “Asset”). Boot Barn and DXL are operating on a corporate NN lease with ±9.0 years of weighted average lease term, with each tenant benefitting from 10% rent escalations every 5 years in each of their renewal options.
Broker of Record: Aaron Hyde – IA License #: S56270000
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Eigenschaften
Angebotspreis
5.064.000 €
Rendite
6,6 %
NOI
335.000 €
WAULT / DRMV
9 Jahre
Gebäudefläche brutto
1.829 m²
Vermietungsstand
100 %
Boot Barn & DXL - West Des Moines, IA (2 Objekte)
Boot Barn & DXL - West Des Moines, IA (2 Objekte)
Medien
Investment-Highlights
- Two-tenant retail pad with ±9.0 years of weighted average lease term
- Adjacent to Jordan Creek Town Center, a top 1% most visited shopping center in the country (placer.ai) and the #1 most visited shopping center in Iowa
- DXL exercised its extension option early, bringing the lease term to ±7.2 years and demonstrating strong commitment to the center
- Next to Well’s Fargo Jordan Creek Campus with 12,000+ employees
- Trophy retail real estate in West Des Moines with an 83% population growth since 2010 within a 1-mile radius of the Property
- Just off Mills Civic Pkwy & I-35/I-80 interchange with 188,000 VPD
- Boot Barn is the largest & fastest growing retail chain in the western & workwear market
- DXL just completed a $1.2 billion merger with FullBeauty Brands in 2025
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Zuletzt aktualisiert
1. Apr. 2026
