Commercial Real Estate Transactions
9/1/2021COMMERCIAL REAL ESTATE TRANSACTIONS IN POLK COUNTY FROM JUNE 23, 2021, THROUGH JULY 28, 2021.
2217 E. UNIVERSITY AVE, DES MOINES
SALE DATE: JUNE 23, 2021
SALE PRICE: $345,000
SELLER: MAJESTIC CONSULTANTS LLC
BUYER: WAZWAX, MURAD
SQUARE FEET: 2,020
ACRES: 0.225
OFF N.E. HUBBELL NEAR METRO WASTE, BONDURANT
SALE DATE: JUNE 23, 2021
SALE PRICE: $1,771,270
SELLER: GHOLDS LLC
BUYER: TEMPLE HOLDINGS LP
SQUARE FEET: 0
ACRES: 13.117
175 S. NINTH ST., SUITE 455, WEST DES MOINES
SALE DATE: JUNE 23, 2021
SALE PRICE: $203,000
SELLER: HOUSBY, MICHAEL A.
BUYER: FOUR WEEKS OF OXYGEN INC.
SQUARE FEET: 1,920
ACRES: 0.044
1349 E. 12TH ST., DES MOINES
SALE DATE: JUNE 24, 2021
SALE PRICE: $161,500
SELLER: PICENO, RAFAEL
BUYER: CORDERO MENDOZA, SANTIAGO
SQUARE FEET: 2,328
ACRES: 0.174
1091 26TH ST., DES MOINES
SALE DATE: JUNE 24, 2021
SALE PRICE: $220,000
SELLER: TEN 91 LLC
BUYER: DOBSON, KEEGAN
SQUARE FEET: 3,875
ACRES: 0.212
450 S. PRAIRIE VIEW DRIVE, WEST DES MOINES
SALE DATE: JUNE 25, 2021
SALE PRICE: $2,800,000
SELLER: PULVER, ROBERT G.
BUYER: WD REAL ESTATE HOLDINGS INC.
SQUARE FEET: 0
ACRES: 17.285
805 S.E. 14TH COURT, DES MOINES
SALE DATE: JUNE 25, 2021
SALE PRICE: $150,000
SELLER: STORM JR., CHARLES F.
BUYER: S.E. 23RD ST. PROPERTY LLC
SQUARE FEET: 2,128
ACRES: 0.364
1415 GRAND AVE., WEST DES MOINES
SALE DATE: JUNE 25, 2021
SALE PRICE: $742,500
SELLER: 3209 LC
BUYER: GREEK HOUSE CHEFS INC.
SQUARE FEET: 3,590
ACRES: 0.724
4001 E. UNIVERSITY AVE., DES MOINES
SALE DATE: JUNE 25, 2021
SALE PRICE: $506,000
SELLER: UNIVERSITY PARK APARTMENTS LLC
BUYER: 515MIDAMERICARENTALS LLC
SQUARE FEET: 5,686
ACRES: 0.474
1509 SIXTH AVE., DES MOINES
SALE DATE: JUNE 25, 2021
SALE PRICE: $140,000
SELLER: LAIRD, DENNIS
BUYER: 1509 6TH AVENUE LLC
SQUARE FEET: 2,778
ACRES: 0.255
NEAR N.W. 96TH ST. AND WHITE OAK LANE, JOHNSTON
SALE DATE: JUNE 25, 2021
SALE PRICE: $710,210
SELLER: FREEMAN, CAROL
BUYER: DAKOTA UPREIT LP
SQUARE FEET: 98,520
ACRES: 5.887
NEAR N.W. 96TH ST. AND WHITE OAK LANE, JOHNSTON
SALE DATE: JUNE 25, 2021
SALE PRICE: $717,000
SELLER: FUHRMAN REAL ESTATE HOLDINGS LLC
BUYER: DAKOTA UPREIT LP
SQUARE FEET: 98,520
ACRES: 5.887
NEAR N.W. 96TH ST. AND WHITE OAK LANE, JOHNSTON
SALE DATE: JUNE 28, 2021
SALE PRICE: $1,150,000
SELLER: 4TH & BEECH PARTNERS
BUYER: DAKOTA UPREIT LP
SQUARE FEET: 98,520
ACRES: 5.887
1530 E. FLEMING AVE., DES MOINES
SALE DATE: JUNE 29, 2021
SALE PRICE: $525,000
SELLER: GL & CT LLC
BUYER: WINE KARMA LLC
SQUARE FEET: 4,576
ACRES: 1.109
1567 OHIO ST., DES MOINES
SALE DATE: JUNE 29, 2021
SALE PRICE: $500,000
SELLER: OEC REAL ESTATE HOLDINGS LLC
BUYER: STENGER, LLC
SQUARE FEET: 5,000
ACRES: 0.66
1301 49TH ST., WEST DES MOINES
SALE DATE: JUNE 29, 2021
SALE PRICE: $2,050,000
SELLER: BHD LLC
BUYER: LYNNER REAL ESTATE INVESTMENT LLC
SQUARE FEET: 27,864
ACRES: 1.754
2705 SIXTH AVE., DES MOINES
SALE DATE: JUNE 29, 2021
SALE PRICE: $100,000
SELLER: ESSEX, KATHY M
BUYER: DEMARANVILLE, CHASITY M.
SQUARE FEET: 880
ACRES: 0.328
3419 FIRST ST., DES MOINES
SALE DATE: JUNE 30, 2021
SALE PRICE: $402,500
SELLER: GRAND VENTURES LLC
BUYER: BROAD STREET EQUITY LLC
SQUARE FEET: 6,660
ACRES: 0.503
810 W. FIRST ST., ANKENY
SALE DATE: JUNE 30, 2021
SALE PRICE: $440,000
SELLER: MORRISON RENTALS CO-OP INC.
BUYER: PROVISION PROPERTIES II LLC
SQUARE FEET: 4,488
ACRES: 0.427
1901 W. FIRST ST., ANKENY
SALE DATE: JUNE 30, 2021
SALE PRICE: $530,000
SELLER: MORRISON RENTALS CO-OP II INC.
BUYER: PROVISION PROPERTIES II LLC
SQUARE FEET: 4,352
ACRES: 0.517
1514 N.W. FOURTH ST., ANKENY
SALE DATE: JUNE 30, 2021
SALE PRICE: $970,000
SELLER: MORRISON RENTALS CO-OP V INC.
BUYER: PROVISION PROPERTIES II LLC
SQUARE FEET: 9,108
ACRES: 0.7
1110 S.E. BELMONT DRIVE, ANKENY
SALE DATE: JUNE 30, 2021
SALE PRICE: $330,000
SELLER: MORRISON RENTALS CO-OP IV INC.
BUYER: PROVISION PROPERTIES II LLC
SQUARE FEET: 2,928
ACRES: 0.523
105 N.W. COLLEGE AVE., ANKENY
SALE DATE: JUNE 30, 2021
SALE PRICE: $500,000
SELLER: MORRISON RENTALS CO-OP III INC.
BUYER: PROVISION PROPERTIES II LLC
SQUARE FEET: 4,352
ACRES: 0.493
558 28TH ST., DES MOINES
SALE DATE: JUNE 30, 2021
SALE PRICE: $330,000
SELLER: BROWN, WALTER KENDALL
BUYER: PEACHTREE PROPERTIES LC
SQUARE FEET: 3,268
ACRES: 0.298
1501 UNIVERSITY AVE., DES MOINES
SALE DATE: JULY 1, 2021
SALE PRICE: $160,000
SELLER: BUNKER FAMILY ENTERPRISES LC
BUYER: VESTAVO LLC
SQUARE FEET: 2,288
ACRES: 0.114
1101 N.E. GATEWAY DRIVE, GRIMES
SALE DATE: JULY 1, 2021
SALE PRICE: $4,800,000
SELLER: EIG14T KCE IA GRIMES LLC
BUYER: PICARD LLC
SQUARE FEET: 12,054
ACRES: 1.28
175 S. NINTH ST., SUITE 505, WEST DES MOINES
SALE DATE: JULY 1, 2021
SALE PRICE: $350,000
SELLER: TEEWINOT LLC
BUYER: JUNCTION DEVELOPMENT CATALYST LLC
SQUARE FEET: 3,472
ACRES: 0.166
309 EIGHTH ST., WEST DES MOINES
SALE DATE: JULY 2, 2021
SALE PRICE: $160,000
SELLER: GOLDEN PROPERTIES LLC
BUYER: MALILOBOO LLC
SQUARE FEET: 1,892
ACRES: 0.166
301 N.E. TRILEIN DRIVE, ANKENY
SALE DATE: JULY 2, 2021
SALE PRICE: $700,000
SELLER: CURTIS DEVELOPMENT COMPANY
BUYER: TCP HOLDINGS LLC
SQUARE FEET: 6,000
ACRES: 0.71
175 S. NINTH ST., SUITE 505, WEST DES MOINES
SALE DATE: JULY 2, 2021
SALE PRICE: $225,000
SELLER: IRVING LLC
BUYER: SILVERBALL REALTY LLC
SQUARE FEET: 1,920
ACRES: 0.044
NEAR E. HARTFORD AND S.E. 14TH ST., DES MOINES
SALE DATE: JULY 6, 2021
SALE PRICE: $161,280
SELLER: MANKO HOLDINGS LLC
BUYER: JM WOLF PROPERTIES LLC
SQUARE FEET: 0
ACRES: 0.444
2614 S.E. SIXTH ST., DES MOINES
SALE DATE: JULY 6, 2021
SALE PRICE: $155,500
SELLER: KELEHAN, DARYL
BUYER: ERDMAN, JAYDEN MICHAEL
SQUARE FEET: 1,676
ACRES: 0.339
SOLD!….
MOBILE HOME PARK — 3140 Indianola Ave. in Des Moines
The 2 acres of real estate that is the mobile home park at 3140 Indianola Ave. in Des Moines sold to Park Indy LLC on July 6 for $830,000.
3140 INDIANOLA AVE., DES MOINES
SALE DATE: JULY 6, 2021
SALE PRICE: $830,000
SELLER: OGDEN, MARK
BUYER: PARK INDY, LLC
SQUARE FEET: 875
ACRES: 1.966
615 EUCLID AVE., DES MOINES
SALE DATE: JULY 6, 2021
SALE PRICE: $850,000
SELLER: JAW PROPERTIES LLC
BUYER: FIFTY FIVE THIRTY THREE LLC
SQUARE FEET: 20,442
ACRES: 0.606
2770 21ST ST. N.W., ALTOONA
SALE DATE: JULY 8, 2021
SALE PRICE: $8,008,130
SELLER: GRAHAM WAREHOUSE 6 LP
BUYER: GRAHAM WAREHOUSE 5 LP
SQUARE FEET: 0
ACRES: 18.952
1308 NINTH ST., DES MOINES
SALE DATE: JULY 8, 2021
SALE PRICE: $75,000
SELLER: COLUZZI CONSTRUCTION LLC
BUYER: ALVARADO VALLADARES, GLADIS
SQUARE FEET: 4,103
ACRES: 0.224
1139 66TH ST., WINDSOR HEIGHTS
SALE DATE: JULY 12, 2021
SALE PRICE: $515,000
SELLER: LONGENECKER LLC
BUYER: TRAN, HUNG
SQUARE FEET: 4,376
ACRES: 0.347
1350 E. WASHINGTON AVE., DES MOINES
SALE DATE: JULY 12, 2021
SALE PRICE: $222,000
SELLER: FAABORG, TYLER
BUYER: FIFTY FIVE THIRTY THREE LLC
SQUARE FEET: 6,708
ACRES: 0.681
11414 FOREST AVE., CLIVE
SALE DATE: JULY 13, 2021
SALE PRICE: $2,500,000
SELLER: KAIWAL CORP
BUYER: SIVA HOTELS LLC
SQUARE FEET: 35,968
ACRES: 2.34
6335 N.E. INDUSTRY DRIVE, DES MOINES
SALE DATE: JULY 13, 2021
SALE PRICE: $2,450,000
SELLER: DRA PROPERTIES LC
BUYER: BN PROPERTIES LLC
SQUARE FEET: 30,000
ACRES: 2.708
1082 21ST ST., DES MOINES
SALE DATE: JULY 13, 2021
SALE PRICE: $175,000
SELLER: JRTT LLC
BUYER: EPC LLC
SQUARE FEET: 6,300
ACRES: 0.244
1551 N.E. 44TH AVE., DES MOINES
SALE DATE: JULY 13, 2021
SALE PRICE: $2,300,000
SELLER: TRAIL’S END AUTO & TRUCK INC.
BUYER: HANSEN PROPERTY DEVELOPMENT INC.
SQUARE FEET: 12,240
ACRES: 12.195
1303 WALNUT ST., DES MOINES
SALE DATE: JULY 14, 2021
SALE PRICE: $500,000
SELLER: 1303 WALNUT STREET LLC
BUYER: MCFADDEN HOLDINGS LLC
SQUARE FEET: 3,696
ACRES: 0.127
SOLD!….
PRIME WDM GAS STATION — 1272 Eighth St. in West Des Moines
Rubby LLC paid $612,500 to Series 9 of JGC Holdings LLC for the half-acre property at 1272 Eighth St. in West Des Moines on July 15. There is a 2,080-square-foot gasoline/service station situated on the real estate.
1272 EIGHTH ST., WEST DES MOINES
SALE DATE: JULY 15, 2021
SALE PRICE: $612,500
SELLER: SERIES 9 OF JGC HOLDINGS LLC
BUYER: RUBBY LLC
SQUARE FEET: 2,080
ACRES: 0.517
SOLD!….
Dunkin’ Donuts/Pita Pit real estate sells — 4206-4212 Merle Hay Road in Urbandale
The real estate that houses Dunkin’ Donuts and Pita Pit at the intersection of Merle Hay and Aurora in Urbandale recently changed hands. The sale price was listed as $1.325 million.
AT MERLE HAY AND AURORA, URBANDALE
SALE DATE: JULY 15, 2021
SALE PRICE: $1,325,000
SELLER: CF INVESTORS LLC
BUYER: 4206 DD LLC
SQUARE FEET: 4,096
ACRES: 0.633
1925 HIGH ST., DES MOINES
SALE DATE: JULY 15, 2021
SALE PRICE: $885,000
SELLER: IMOGENE INVESTMENTS LLC
BUYER: 1925 HIGH ST. LLC
SQUARE FEET: 7,840
ACRES: 0.39
SOLD!….
Former Village Inn Pancakes building — 3600 E. 14th St.
The building that was a Village Inn at East Euclid and East 14th Street in Des Moines sold on July 15 for $455,000. JDS Real Estate Investments LLC is listed as the new owner of the .682-acre property with a nearly 5,000 square-foot building.
3600 E. 14TH ST., DES MOINES
SALE DATE: JULY 15, 2021
SALE PRICE: $455,000
SELLER: 1348 E. EUCLID AVE. LLC
BUYER: JDS REAL ESTATE INVESTMENTS LLC
SQUARE FEET: 4,925
ACRES: 0.682
8525 URBANDALE AVE., URBANDALE
SALE DATE: JULY 16, 2021
SALE PRICE: $6,553,300
SELLER: URBANDALE CARE GROUP LLC
BUYER: FRONTIER EXCHANGE LANDLORD GROUP LLC
SQUARE FEET: 31,100
ACRES: 3.91
535 35TH ST., DES MOINES
SALE DATE: JULY 16, 2021
SALE PRICE: $3,400,000
SELLER: COLAMAN RE HOLDINGS LLC
BUYER: VILLAGE ON GRAND LLC
SQUARE FEET: 42,732
ACRES: 1.206
5701 PARK AVE., DES MOINES
SALE DATE: JULY 16, 2021
SALE PRICE: $26,200,000
SELLER: HURD INDUSTRIAL LLC
BUYER: 5701 PARK PARTNERS LLC
SQUARE FEET: 526,295
ACRES: 49.411
732 18TH ST., DES MOINES
SALE DATE: JULY 19, 2021
SALE PRICE: $2,200,000
SELLER: 740 18TH ST. LLC
BUYER: HOM INVESTMENTS 6 LLC
SQUARE FEET: 32,401
ACRES: 0.344
300 EIGHTH ST. SE, ALTOONA
SALE DATE: JULY 19, 2021
SALE PRICE: $689,000
SELLER: EHLEN LIMITED PRTNRSHP
BUYER: IOWA POSTAL HOLDINGS, LLC
SQUARE FEET: 4,408
ACRES: 0.773
4100 WESTOWN PARKWAY, WEST DES MOINES
SALE DATE: JULY 20, 2021
SALE PRICE: $1,750,000
SELLER: 4100 WESTOWN LLC
BUYER: MASTER BUILDERS OF IOWA INC.
SQUARE FEET: 12,240
ACRES: 2.3
2809 RUTLAND AVE., DES MOINES
SALE DATE: JULY 21, 2021
SALE PRICE: $190,000
SELLER: GARMAN, JAMES
BUYER: RAMOS, ABEL ENOS
SQUARE FEET: 3,821
ACRES: 0.234
3025 DOUGLAS AVE., DES MOINES
SALE DATE: JULY 23, 2021
SALE PRICE: $315,000
SELLER: 3025 DOUGLAS AVE. INC.
BUYER: ANTHOFER HOLDINGS LLC
SQUARE FEET: 4,752
ACRES: 0.863
2301 E. GRAND AVE., DES MOINES
SALE DATE: JULY 23, 2021
SALE PRICE: $75,000
SELLER: SCOTT & ANDREA HACKETT JOINT REVOCABLE TRUST
BUYER: 2301 E. GRAND AVENUE LLC
SQUARE FEET: 1,081
ACRES: 0.266
2650 106TH ST., URBANDALE
SALE DATE: JULY 26, 2021
SALE PRICE: $2,300,000
SELLER: WESTRIDGE PARTNERS LLC
BUYER: GLASS HALF FULL LLC
SQUARE FEET: 24,168
ACRES: 2.2
SOLD!….
Taco Bell building — 1501 E. Euclid Ave. in Des Moines
The East Euclid building that is best known for being a Taco Bell sold on July 26 for $500,000, according to Polk County records. Callison Oil Company is listed as the seller. Triple J. Commercial properties LLC is listed as the buyer of the nearly 1-acre property.
1501 E. EUCLID AVE., DES MOINES
SALE DATE: JULY 26, 2021
SALE PRICE: $500,000
SELLER: CALLISON OIL COMPANY
BUYER: TRIPLE J. COMMERCIAL PROPERTIES LLC
SQUARE FEET: 3,123
ACRES: 0.952
2122 S.E. 14TH ST., DES MOINES
SALE DATE: JULY 27, 2021
SALE PRICE: $450,000
SELLER: B&M PROPERTIES LLC
BUYER: SOLID CONCRETE DESIGNS INC.
SQUARE FEET: 7,320
ACRES: 3.164
4610 DOUGLAS AVE., DES MOINES
SALE DATE: JULY 27, 2021
SALE PRICE: $8,268,065
SELLER: HARVEST BEAVERDALE RETIREMENT RESIDENCE LLC
BUYER: CHURCHILL PROPERTY PORTFOLIO OWNER LLC
SQUARE FEET: 89,399
ACRES: 3.206
2603 DOUGLAS AVE., DES MOINES
SALE DATE: JULY 27, 2021
SALE PRICE: $460,000
SELLER: SLASHFROG LLC
BUYER: NATE’S LLC
SQUARE FEET: 4,572
ACRES: 0.733
1405 S.E. FIRST ST., DES MOINES
SALE DATE: JULY 28, 2021
SALE PRICE: $22,500,000
SELLER: BICI FLATS LLC
BUYER: BICI FLATS INVESTORS LLC
SQUARE FEET: 162,217
ACRES: 6.319
NEAR E. 22ND ST. AND GILBREATH UPHOLSTERY, DES MOINES
SALE DATE: JULY 28, 2021
SALE PRICE: $500,000
SELLER: BROWN, J. DOUGLAS
BUYER: 2408 PROPERTY LLC
SQUARE FEET: 0
ACRES: 3.546
2408 E. 22ND ST., DES MOINES
SALE DATE: JULY 28, 2021
SALE PRICE: $2,150,000
SELLER: BROWN, J. DOUGLAS
BUYER: 2408 PROPERTY LLC
SQUARE FEET: 32,720
ACRES: 3.473
13731 HICKMAN ROAD, URBANDALE
SALE DATE: JULY 29, 2021
SALE PRICE: $19,000,000
SELLER: DEERFIELD RETIREMENT COMMUNITY INC.
BUYER: IRC III LLC
SQUARE FEET: 317,572
ACRES: 45.62
BETWEEN N.W. BEAVER AND SYCAMORE PARK, JOHNSTON
SALE DATE: JULY 29, 2021
SALE PRICE: $750,000
SELLER: WES JARNIGAN INC.
BUYER: 6395 N.W. BEAVER DRIVE LLC
SQUARE FEET: 18,158
ACRES: 8.257
3920 DELAWARE AVE., DES MOINES
SALE DATE: JULY 30, 2021
SALE PRICE: $846,640
SELLER: PENTA PARTNERS LLC
BUYER: JM WOLF RENTALS LLC
SQUARE FEET: 15,120
ACRES: 3.073
108 E. VISTA LAKE AVE., POLK CITY
SALE DATE: JULY 30, 2021
SALE PRICE: $240,000
SELLER: DSM STORAGE LLC
BUYER: TMMC ENTERPRISES LLC
SQUARE FEET: 0
ACRES: 3.15
2600 URBANDALE AVE., DES MOINES
SALE DATE: JULY 30, 2021
SALE PRICE: $5,250
SELLER: HEATER, CHRISTINA C.
BUYER: 8035 DEVELOPMENT LLC
SQUARE FEET: 0
ACRES: 2.116
2700 URBANDALE AVE., DES MOINES
SALE DATE: JULY 30, 2021
SALE PRICE: $5,250
SELLER: HEATER, CHRISTINA C.
BUYER: 8035 DEVELOPMENT LLC
SQUARE FEET: 0
ACRES: 1.908
SOLD!….
South-side strip mall — 4930 S.E. 14th St. in Des Moines
Carfrae Investments LLC paid $3.48 million for the south-side shopping center that’s home to Jimmy John’s, Verizon, Classic Tan and Aspen Dental. The seller of the real estate is listed as 1155 Sherman LLC, according to Polk County records.
4930 S.E. 14TH ST., DES MOINES
SALE DATE: JULY 30, 2021
SALE PRICE: $3,487,500
SELLER: 1155 SHERMAN LLC
BUYER: CARFRAE INVESTMENTS, LLC
SQUARE FEET: 12,024
ACRES: 1.479
2061 N.E. 58TH AVE., DES MOINES
SALE DATE: JULY 30, 2021
SALE PRICE: $1,300,000
SELLER: BELLVILLE PROPERTIES LLC
BUYER: IOWA BEVERAGE SYSTEMS INC.
SQUARE FEET: 16,278
ACRES: 9.58
1101 S.E. 37TH ST., GRIMES
SALE DATE: AUG. 2, 2021
SALE PRICE: $2,750,000
SELLER: ABSOLUTE GROUP INC.
BUYER: CENTRAL IOWA READY-MIX INC.
SQUARE FEET: 23,484
ACRES: 12.97
2905 COTTAGE GROVE AVE., DES MOINES
SALE DATE: AUG. 2, 2021
SALE PRICE: $240,000
SELLER: EPC LLC
BUYER: JC AM GROUP LLC
SQUARE FEET: 3,856
ACRES: 0.229
1941 COURTLAND DRIVE, DES MOINES
SALE DATE: AUG. 2, 2021
SALE PRICE: $494,550
SELLER: CITY VIEW CLUB LLC
BUYER: GREAT DAY INVESTMENTS LLC
SQUARE FEET: 6,048
ACRES: 0.439
1350 SLOANS WAY, PLEASANT HILL
SALE DATE: AUG. 2, 2021
SALE PRICE: $850,000
SELLER: JETAIME LLC
BUYER: EASTGATE INVESTMENTS, LLC
SQUARE FEET: 7,200
ACRES: 1.5
1013 S.E. 14TH ST. ., DES MOINES
SALE DATE: AUG. 3, 2021
SALE PRICE: $190,000
SELLER: 1013 VENTURE LLC
BUYER: VILLASENOR, JOSE FELIX GUTIERREZ
SQUARE FEET: 9,196
ACRES: 0.538
8500 FRANKLIN AVE., CLIVE
SALE DATE: AUG. 4, 2021
SALE PRICE: $600,000
SELLER: RSG CONSULTING INC.
BUYER: MAK INVESTMENTS INC.
SQUARE FEET: 6,300
ACRES: 0.795
112 CENTER AVE. S, MITCHELLVILLE
SALE DATE: AUG. 6, 2021
SALE PRICE: $100,000
SELLER: ANDERSON, JOHN W.
BUYER: MCCLAFLIN, MARK
SQUARE FEET: 6,354
ACRES: 0.482 ♦
