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Commercial Real Estate Transactions

Commercial Real Estate Transactions

4/1/2020

Commercial real estate transactions in Polk County from Feb. 12, 2020 – March 9, 2020.

ADDRESS: 8901 PLUM DRIVE, URBANDALE
SALE DATE: FEB. 12, 2020
PRICE: $1,276,310
SELLER: PARAGON BEST, LLC
BUYER: BMP HOTEL MANAGEMENT INC
SQUARE FEET: 0
ACRES: 2.93

ADDRESS: NEAR E. 28TH AND HUBBELL, DES MOINES
SALE DATE: FEB. 13, 2020
PRICE: $30,000
SELLER: HANNAN, DANIEL J.
BUYER: TOM, JAMIE
SQUARE FEET: 0
ACRES: 0.218

ADDRESS: 7200 HICKMAN ROAD, WINDSOR HEIGHTS
SALE DATE: FEB. 13, 2020
PRICE: $1,243,900
SELLER: QUIK TRIP CORP
BUYER: HY-VEE, INC.
SQUARE FEET: 4,514
ACRES: 1.37

ADDRESS: 3809 100TH ST., URBANDALE
SALE DATE: FEB. 13, 2020
PRICE: $146,000
SELLER: QUIKTRIP CORP
BUYER: HY-VEE, INC.
SQUARE FEET: 0
ACRES: 0.347

ADDRESS: 6315 HICKMAN ROAD, DES MOINES
SALE DATE: FEB. 13, 2020
PRICE: $1,176,000
SELLER: GRAND STRATFORD LLC
BUYER: MY IOWA HOMES LLC
SQUARE FEET: 19,344
ACRES: 0.515

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ADDRESS: 203 FIFTH AVE. S.W., ALTOONA
SALE DATE: FEB. 14, 2020
PRICE: $977,950
SELLER: JRG GROUP LLC
BUYER: JRV BROTHERS, LLC
SQUARE FEET: 1,792
ACRES: 0.8

ADDRESS: 904 S.E. 10TH ST., DES MOINES
SALE DATE: FEB. 14, 2020
PRICE: $1,220,000
SELLER: GNS INVESTMENTS LC
BUYER: DRUPPEL INVESTMENTS, LLC
SQUARE FEET: 11,740
ACRES: 1.691

ADDRESS: 1115 RAILROAD AVE., WEST DES MOINES
SALE DATE: FEB. 15, 2020
PRICE: $150,000
SELLER: WEST DES MOINES AUTO BODY INC.
BUYER: STEFFES HOLDINGS LLC
SQUARE FEET: 1,800
ACRES: 0.155

ADDRESS: 203 FIFTH AVE. S.W., ALTOONA
SALE DATE: FEB. 18, 2020
PRICE: $419,120
SELLER: JRG GROUP LLC
BUYER: ALTOONA RV & BOAT LLC
SQUARE FEET: 1,792
ACRES: 0.8

ADDRESS: 3831 EIGHTH ST. S.W., ALTOONA
SALE DATE: FEB. 19, 2020
PRICE: $1,215,680
SELLER: MCCONNELL REAL ESTATE DEVELOPMENT LC
BUYER: JAM INVESTMENTS OF ALTOONA LLC
SQUARE FEET: 2,630
ACRES: 0.758

ADDRESS: 6230 S.E. 14TH ST., DES MOINES
SALE DATE: FEB. 19, 2020
PRICE: $1,162,800
SELLER: MC CONNELL REAL ESTATE DEV LC
BUYER: JAM INVESTMENTS OF ALTOONA LLC
SQUARE FEET: 2,584
ACRES: 1.219

ADDRESS: 250 S.W. BROOKSIDE DRIVE, GRIMES
SALE DATE: FEB. 19, 2020
PRICE: $4,825,000
SELLER: KIM RUETER COMPANY
BUYER: HCII-250 SW BROOKSIDE DRIVE LLC
SQUARE FEET: 14,568
ACRES: 2.51

ADDRESS: 1510 S.W. VINTAGE PARKWAY, ANKENY
SALE DATE: FEB. 20, 2020
PRICE: $2,225,000
SELLER: DRA PROPERTIES LC
BUYER: BENNETT REAL ESTATE COMPANY LLC
SQUARE FEET: 4,686
ACRES: 0.859

ADDRESS: SOUTH OF THE HALL ON LINCOLN STREET, WEST DES MOINES
SALE DATE: FEB. 21, 2020
PRICE: $650,000
SELLER: WEST GREEN INDUSTRIAL PARK LLC
BUYER: NELSON DEVELOPMENT 1, LLC
SQUARE FEET: 8,040
ACRES: 1.507

ADDRESS: 120 MAIN ST. S.E., BONDURANT
SALE DATE: FEB. 22, 2020
PRICE: $200,000
SELLER: DEBORAH A CAIRNS LIVING TRUST
BUYER: FREE RANGE LLC
SQUARE FEET: 3,200
ACRES: 0.333

ADDRESS: 1441 E. VINE ST., DES MOINES
SALE DATE: FEB. 23, 2020
PRICE: $140,250
SELLER: VINE STREET GOSPEL CHAPEL
BUYER: IA MO CONFERENCE ASSOCIATION OF 7TH DAY ADVENTISTS
SQUARE FEET: 1,776
ACRES: 1.033

ADDRESS: 2450 S.E. OAK TREE COURT, ANKENY
SALE DATE: FEB. 25, 2020
PRICE: $8,250,000
SELLER: LGI BUSINESS PARK INC.
BUYER: AGILENT TECHNOLOGIES INC
SQUARE FEET: 59,996
ACRES: 10.416

ADDRESS: 401 N.E. TRILEIN DRIVE, ANKENY
SALE DATE: FEB. 26, 2020
PRICE: $3,375,000
SELLER: NORTH TRILEIN APARTMENTS CO-OP INC.
BUYER: 317 NE TRILEIN DRIVE, LLC
SQUARE FEET: 42,588
ACRES: 2.525

ADDRESS: 2501 WESTOWN PARKWAY, UNIT 2000, WEST DES MOINES
SALE DATE: FEB. 27, 2020
PRICE: $305,500
SELLER: FAB III INC.
BUYER: GREENSTATE CREDIT UNION
SQUARE FEET: 0
ACRES: 0.895

ADDRESS: 7031 DOUGLAS AVE., URBANDALE
SALE DATE: FEB. 27, 2020
PRICE: $14,933,000
SELLER: FIRST AMERICAN BANK
BUYER: GREENSTATE CREDIT UNION
SQUARE FEET: 51,578
ACRES: 6.057

ADDRESS: 3508 S.E. 14TH ST., DES MOINES
SALE DATE: FEB. 27, 2020
PRICE: $800,000
SELLER: BETHANY BAPTIST CHURCH
BUYER: WALNUT CREEK COMMUNITY CHURCH
SQUARE FEET: 5,597
ACRES: 4.547

ADDRESS: 6217 WILLOWMERE DRIVE, DES MOINES
SALE DATE: FEB. 27, 2020
PRICE: $210,840
SELLER: CORNERSTONE FAMILY CHURCH OF DES MOINES
BUYER: MDM EQUITY-2010 LLC
SQUARE FEET: 0
ACRES: 1.169

ADDRESS: 1315 UNIVERSITY AVE., DES MOINES
SALE DATE: FEB. 27, 2020
PRICE: $23,000
SELLER: RALLY CAP PROPERTIES LLC
BUYER: TESFAY, GHEBREHIWET
SQUARE FEET: 0
ACRES: 0.155

ADDRESS: 3225 ADVENTURELAND DRIVE, ALTOONA
SALE DATE: FEB. 27, 2020
PRICE: $3,135,000
SELLER: G6 HOSPITALITY PROPERTY LLC
BUYER: CLOUD 9 ALTOONA INC.
SQUARE FEET: 49,710
ACRES: 2.503

ADDRESS: 915 S.E. 14TH COURT, DES MOINES
SALE DATE: FEB. 28, 2020
PRICE: $250,000
SELLER: SCHALL, ARLENE
BUYER: CAPITOL HOLDINGS LLC
SQUARE FEET: 6,080
ACRES: 0.485

ADDRESS: 1206 39TH ST., DES MOINES
SALE DATE: FEB. 28, 2020
PRICE: $240,000
SELLER: LEONARDO, JAMES S.
BUYER: GRANTHAM, DARSON
SQUARE FEET: 4,780
ACRES: 0.329

ADDRESS: 1002 W. WASHINGTON AVE., POLK CITY
SALE DATE: MARCH 02, 2020
PRICE: $1,885,269
SELLER: LTC-JONESBORO INC.
BUYER: REALCO POLK CITY IA LLC
SQUARE FEET: 19,765
ACRES: 3.4

ADDRESS: 233 UNIVERSITY AVE., DES MOINES
SALE DATE: MARCH 02, 2020
PRICE: $3,818,930
SELLER: LTC PROPERTIES INC.
BUYER: REALCO UNIVERSITY PARK, IA, LLC
SQUARE FEET: 56,544
ACRES: 1.454

ADDRESS: 200 SEVENTH AVE. S.W., ALTOONA
SALE DATE: MARCH 02, 2020
PRICE: $2,925,282
SELLER: LTC-JONESBORO INC.
BUYER: REALCO ALTOONA, IA, LLC
SQUARE FEET: 31,803
ACRES: 4.546

ADDRESS: 2110 26TH ST., DES MOINES
SALE DATE: MARCH 02, 2020
PRICE: $540,000
SELLER: KARMA PROPERTIES IOWA LLC
BUYER: 2110 26TH STREET LLC
SQUARE FEET: 8,208
ACRES: 0.664

ADDRESS: 3100 DIXON ST., DES MOINES
SALE DATE: MARCH 04, 2020
PRICE: $2,900,000
SELLER: ENGMAN 3100 LLC
BUYER: QTC INVESTMENTS LLC
SQUARE FEET: 27,498
ACRES: 11.296

ADDRESS: 1425 METRO EAST DRIVE, UNIT 115, PLEASANT HILL
SALE DATE: MARCH 04, 2020
PRICE: $105,000
SELLER: BARKER FINANCIAL LLC
BUYER: CENTRAL IOWA LOCK & SAFE SPECIALISTS LLC
SQUARE FEET: 20,000
ACRES: 0.12

ADDRESS: 1930 S.E. SIXTH ST., DES MOINES
SALE DATE: MARCH 05, 2020
PRICE: $240,000
SELLER: LJQBLDG LLC
BUYER: REVOLUTION PROPERTIES LLC
SQUARE FEET: 1,842
ACRES: 0.516

ADDRESS: 1601 ARMY POST ROAD, DES MOINES
SALE DATE: MARCH 06, 2020
PRICE: $190,000
SELLER: GENE U ROSENDAHL REVOCABLE TRUST
BUYER: MCFADDEN HOLDINGS, LLC
SQUARE FEET: 1,288
ACRES: 1.532

ADDRESS: 5670 N.W. BEAVER DRIVE, JOHNSTON
SALE DATE: MARCH 07, 2020
PRICE: $1,850,000
SELLER: GOLDEN ENTERPRISES LLC
BUYER: 5670 BEAVER DRIVE LLC
SQUARE FEET: 20,000
ACRES: 3.603

ADDRESS: 2100 N.E. 60TH AVE., DES MOINES
SALE DATE: MARCH 09, 2020
PRICE: $1,480,000
SELLER: NORMAN WALEN REVOCABLE TRUST
BUYER: 2100 NE 60TH AVE LLC
SQUARE FEET: 25,000
ACRES: 3.13

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