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Commercial Real Estate Transactions

Commerical Real Estate Transactions

3/3/2021

COMMERCIAL REAL ESTATE TRANSACTIONS IN POLK COUNTY FROM DEC. 30, 2020, THROUGH FEB. 4, 2021.

2544 HUBBELL AVE., DES MOINES
SALE DATE: DEC. 30, 2020
SALE PRICE: $1,200,000
SELLER: PENTA PARTNERS LLC
BUYER: DRB LAND 1, LLC
SQUARE FEET: 15,983
ACRES: 3.325

7113 HICKMAN ROAD, URBANDALE
SALE DATE: DEC. 30, 2020
SALE PRICE: $40,000
SELLER: 7109 HICKMAN LLC
BUYER: ERICKSON KREHBIEL PROPERTIES LLC
SQUARE FEET: 0
ACRES: 0.825

2411 GRAND AVE., DES MOINES
SALE DATE: DEC. 31, 2020
SALE PRICE: $610,000
SELLER: DELANEY ENTERPRISES LLC
BUYER: LOCKER PARTNERS LLC
SQUARE FEET: 4,002
ACRES: 0.28

1101 S.E. 37TH ST., GRIMES
SALE DATE: DEC. 31, 2020
SALE PRICE: $1,650,000
SELLER: BT GRIMES HOLDINGS LLC
BUYER: ABSOLUTE GROUP INC.
SQUARE FEET: 23,484
ACRES: 6

Prep Iowa

2418 SUNSET ROAD, DES MOINES
SALE DATE: JAN. 1, 2021
SALE PRICE: $300,000
SELLER: BARBER BROTHERS ENTERPRISES LLC
BUYER: MIDWEST QUALITY WHOLE
SALE, INC.
SQUARE FEET: 7,195
ACRES: 1.172

4440 128TH ST., URBANDALE
SALE DATE: JAN. 4, 2021
SALE PRICE: $1,877,500
SELLER: THE SQUARE AT DAY’S RUN I LLC
BUYER: SANAV MEREDITH HOLDINGS LLC
SQUARE FEET: 9,600
ACRES: 1.925

1825 SEVENTH ST., DES MOINES
SALE DATE: JAN. 6, 2021
SALE PRICE: $168,000
SELLER: TWISTER LLC
BUYER: SWEARINGEN, JONATHAN M.
SQUARE FEET: 2,709
ACRES: 0.147

SOLD: Sportsman’s Warehouse building… 921 S.E. Oralabor Road, Ankeny
Hurd Johnston, LLC paid $7.5 million in January for the Ankeny real estate consisting of nearly 6 acres of land and an almost 50,000-square-foot building that is the current home to Sportsman’s Warehouse. Spirit SPE Portfolio 2012-4, LLC was the seller, according to Polk County Assessor records.

921 S.E. ORALABOR ROAD, ANKENY
SALE DATE: JAN. 7, 2021
SALE PRICE: $7,534,250
SELLER: SPIRIT SPE PORTFOLIO 2012-4 LLC
BUYER: HURD JOHNSTON, LLC
SQUARE FEET: 49,677
ACRES: 5.773

109 N.W. COLLEGE AVE., ANKENY
SALE DATE: JAN. 7, 2021
SALE PRICE: $900,000
SELLER: ANJE RESIDENTIAL HOUSING COOPERATIVE INC.
BUYER: N.W. COLLEGE AVE. LLC
SQUARE FEET: 10,240
ACRES: 0.987

304 N.W. COLLEGE AVE., ANKENY
SALE DATE: JAN. 7, 2021
SALE PRICE: $450,000
SELLER: 304 COLLEGE RESIDENTIAL HOUSING COOPERATIVE INC.
BUYER: N.W. COLLEGE AVE. LLC
SQUARE FEET: 5,520
ACRES: 0.479

312 N.W. COLLEGE AVE., ANKENY
SALE DATE: JAN. 7, 2021
SALE PRICE: $450,000
SELLER: 312 COLLEGE RESIDENTIAL HOUSING COOPERATIVE INC.
BUYER: N.W. COLLEGE AVE. LLC
SQUARE FEET: 5,520
ACRES: 0.477

308 N.W. COLLEGE AVE., ANKENY
SALE DATE: JAN. 7, 2021
SALE PRICE: $450,000
SELLER: 308 COLLEGE RESIDENTIAL HOUSING COOPERATIVE INC.
BUYER: N.W. COLLEGE AVE. LLC
SQUARE FEET: 5,520
ACRES: 0.477

3850 S.E. BEISSER DRIVE, GRIMES
SALE DATE: JAN. 11, 2021
SALE PRICE: $900,000
SELLER: MCLAND LLC
BUYER: COLBY NATIONAL DEVELOPMENT TRUST
SQUARE FEET: 8,800
ACRES: 1.067

3600 S.E. MIEHE DRIVE, GRIMES
SALE DATE: JAN. 11, 2021
SALE PRICE: $235,000
SELLER: TIGGES, CHAD
BUYER: BLEACHER BUMS HOLDING LLC
SQUARE FEET: 0
ACRES: 1.494

8951 THOMAS AVE., JOHNSTON
SALE DATE: JAN. 11, 2021
SALE PRICE: $155,000
SELLER: WINDSOR OFFICE PARK LLC
BUYER: SETPOINT MECHANICAL HOLDINGS LLC
SQUARE FEET: 0
ACRES: 1.011

1327 13TH ST., DES MOINES
SALE DATE: JAN. 12, 2021
SALE PRICE: $280,000
SELLER: JM WOLF PROPERTIES LLC
BUYER: LANGWORTHY ENTERPRISE XIII LLC
SQUARE FEET: 3,102
ACRES: 0.172

4012 E. 14TH ST., DES MOINES
SALE DATE: JAN. 12, 2021
SALE PRICE: $320,000
SELLER: KINMAN, SHAWN
BUYER: AMERICAN DREAM EXTERIORS LLC
SQUARE FEET: 5,400
ACRES: 0.413

SOLD: The former Granite City Food & Beverage building… 12801 University Ave., Clive
The building that used to be the home of Granite City sold this past January. Huntington Ridge RE Partners, LLC bought the 2-plus acres of prime Clive real estate from Francis Properties, LLC for just north of $3 million dollars.

12801 UNIVERSITY AVE., CLIVE
SALE DATE: JAN. 13, 2021
SALE PRICE: $3,100,000
SELLER: FRANCIS PROPERTIES LLC
BUYER: HUNTINGTON RIDGE RE PARTNERS LLC
SQUARE FEET: 8,802
ACRES: 2.02

1241 KEOSAUQUA WAY, UNIT 3, DES MOINES
SALE DATE: JAN. 13, 2021
SALE PRICE: $1,150,000
SELLER: 1221 KEO WAY LLC
BUYER: THE GARAGE DSM LLC
SQUARE FEET: 17,520
ACRES: 1.192

5145 N.E. 14TH ST., DES MOINES
SALE DATE: JAN. 13, 2021
SALE PRICE: $1,388,740
SELLER: MCKEE AUTO CENTER INC.
BUYER: KWIK TRIP INC
SQUARE FEET: 0
ACRES: 2.219

4505 S.W. NINTH ST., DES MOINES
SALE DATE: JAN. 13, 2021
SALE PRICE: $400,000
SELLER: EIDBO, WALTER B.
BUYER: BEBE NAILS & SPA INC.
SQUARE FEET: 10,440
ACRES: 1.169

3725 UNIVERSITY AVE., DES MOINES
SALE DATE: JAN. 14, 2021
SALE PRICE: $2,919,600
SELLER: UNIVERISTY-PARK LP
BUYER: UNIVERSITY PARK PLACE LLC
SQUARE FEET: 36,118
ACRES: 2.928

421 S.E. ORALABOR ROAD, ANKENY
SALE DATE: JAN. 14, 2021
SALE PRICE: $625,000
SELLER: SPRINGWOOD CAR WASH LLC
BUYER: RJW LLC
SQUARE FEET: 2,782
ACRES: 0.917

1301 E. 12TH ST., DES MOINES
SALE DATE: JAN. 15, 2021
SALE PRICE: $220,000
SELLER: THE BRIGHT TUMY LLC
BUYER: GROH, SCOTT
SQUARE FEET: 4,016
ACRES: 0.115

3421 S.E. MIEHE DRIVE, UNIT 24, GRIMES
SALE DATE: JAN. 18, 2021
SALE PRICE: $100,000
SELLER: ROSS, JAMES J.
BUYER: DAVIS, VICKI
SQUARE FEET: 1,080
ACRES: 0.062

1425 METRO EAST DRIVE, UNIT 107, PLEASANT HILL
SALE DATE: JAN. 18, 2021
SALE PRICE: $125,000
SELLER: HAWKEYE SOFT WATER LLC
BUYER: SUNSTONE ORGANICS LLC
SQUARE FEET: 1,250
ACRES: 0.12

1490 N.W. 86TH ST., CLIVE
SALE DATE: JAN. 18, 2021
SALE PRICE: $1,200,000
SELLER: SECTION 3 PROPERTIES LLC
BUYER: DONLIN INVESTING, LLC
SQUARE FEET: 16,995
ACRES: 0.79

1425 METRO EAST DRIVE, UNIT 111, PLEASANT HILL
SALE DATE: JAN. 19, 2021
SALE PRICE: $200,000
SELLER: BARKER FINANCIAL LLC
BUYER: SUNSTONE ORGANICS LLC
SQUARE FEET: 2,500
ACRES: 0.24

2524 POST ST., DES MOINES
SALE DATE: JAN. 19, 2021
SALE PRICE: $175,000
SELLER: COLLINS COMMUNITY CREDIT UNION
BUYER: SECURE PROPERTIES, LLC
SQUARE FEET: 2,038
ACRES: 0.459

10101 PLUM DRIVE, URBANDALE
SALE DATE: JAN. 19, 2021
SALE PRICE: $1,563,570
SELLER: TEMPLE HOLDINGS LP
BUYER: KWIK TRIP INC.
SQUARE FEET: 0
ACRES: 2.393

124 CENTER AVE. N., MITCHELLVILLE
SALE DATE: JAN. 21, 2021
SALE PRICE: $18,000
SELLER: PENMAN, CYNTHIA L.
BUYER: MCGRUDER, PHIL
SQUARE FEET: 968
ACRES: 0.04

409 S. ANKENY BLVD., ANKENY
SALE DATE: JAN. 21, 2021
SALE PRICE: $300,000
SELLER: NOAH’S & SALLY’S INVESTMENTS LLC
BUYER: GRAND CAPITAL LC
SQUARE FEET: 1,269
ACRES: 0.848

107 SECOND ST. S.E., ALTOONA
SALE DATE: JAN. 22, 2021
SALE PRICE: $180,000
SELLER: FROHOCK CORP
BUYER: TAILBERRY LLC
SQUARE FEET: 1,260
ACRES: 0.063

5201 PARK AVE., DES MOINES
SALE DATE: JAN. 22, 2021
SALE PRICE: $1,550,000
SELLER: RUAN INC.
BUYER: GL & CT LLC
SQUARE FEET: 6,360
ACRES: 8.965

SOLD: The former McIntyre’s Antiques and Collectibles… 817 Grand Ave., West Des Moines
Before it was McIntyre’s Antiques and Collectibles, this building housed Joyful Noise, the music store. Before being Joyful Noise, it existed as Great Hobby Adventures. Before it was any of these, Joe Corso’s Cocktail Lounge Pizza sat just across the street and served its signature thin-slice pizza for the next four decades. Most recently, Steven C. Anderson purchased the real estate from TLC Properties Inc. for $235,000 in January, according to Polk County Assessor records.

817 GRAND AVE., WEST DES MOINES
SALE DATE: JAN. 27, 2021
SALE PRICE: $235,000
SELLER: TLC PROPERTIES INC.
BUYER: ANDERSON, STEVEN C.
SQUARE FEET: 4,134
ACRES: 0.21

401 EIGHTH ST. S.W., ALTOONA
SALE DATE: JAN. 28, 2021
SALE PRICE: $860,000
SELLER: FOR5 LLC
BUYER: ISHO, LLC
SQUARE FEET: 9,728
ACRES: 1.037

4100 SIXTH AVE., DES MOINES
SALE DATE: JAN. 28, 2021
SALE PRICE: $510,000
SELLER: CHURCH OF THE BRETHREN NORTHERN PLAINS DISTRICT
BUYER: SUNDRY CHURCH
SQUARE FEET: 9,812
ACRES: 0.792

516 NEW YORK AVE., DES MOINES
SALE DATE: JAN. 28, 2021
SALE PRICE: $165,000
SELLER: KEYS, RANDALL S.
BUYER: REETZ, MARK
SQUARE FEET: 2,460
ACRES: 0.354

SOLD: Cool Basil’s home… 1250 N.W. 86th St., Clive
Perfect Place Properties, LLC paid $915,000 last January to purchase the nearly 3-acre parcel in Clive with a 7,292 square foot building that houses Cool Basil, one of the most popular eateries in town. The real estate sits at 1250 N.W. 86th St. at one of the busiest intersections in the metro. Minnesota Properties I, LLC is listed as the seller.

1250 N.W. 86TH ST., CLIVE
SALE DATE: JAN. 29, 2021
SALE PRICE: $915,000
SELLER: MINNESOTA PROPERTIES I LLC
BUYER: PERFECT PLACE PROPERTIES LLC
SQUARE FEET: 7,292
ACRES: 2.948

175 S. NINTH ST., SUITE 550, WEST DES MOINES
SALE DATE: JAN. 29, 2021
SALE PRICE: $195,000
SELLER: HOLZWORTH CONSTRUCTION LLC
BUYER: DOUGLAS S. DYAR REVOCABLE TRUST
SQUARE FEET: 1,920
ACRES: 0.044

229 COLLEGE AVE., DES MOINES
SALE DATE: JAN. 29, 2021
SALE PRICE: $224,000
SELLER: THE BRIGHT TUMY LLC
BUYER: JEWETT HOLDINGS LLC
SQUARE FEET: 2,392
ACRES: 0.275

2010 INGERSOLL AVE., DES MOINES
SALE DATE: FEB. 1, 2021
SALE PRICE: $1,500,010
SELLER: SJM REALTY INC
BUYER: ASE REAL PROPERTIES LLC
SQUARE FEET: 3,999
ACRES: 0.23

1501 OFFICE PARK ROAD, WEST DES MOINES
SALE DATE: FEB. 1, 2021
SALE PRICE: $3,990,000
SELLER: FOUNTAIN HEALTH CENTERS INC.
BUYER: OFFICE PARK REALTY LLC
SQUARE FEET: 78,374
ACRES: 7.125

656 POLK BLVD., DES MOINES
SALE DATE: FEB. 1, 2021
SALE PRICE: $295,000
SELLER: R. KROHN PROPERTIES II LLC
BUYER: POLK 6, LLC
SQUARE FEET: 4,302
ACRES: 0.183

1201 E. FIRST ST., GRIMES
SALE DATE: FEB. 1, 2021
SALE PRICE: $594,000
SELLER: HOPE K. FARMS LLC
BUYER: STRIFEX LLC
SQUARE FEET: 0
ACRES: 1.001

1074 31ST ST., DES MOINES
SALE DATE: FEB. 2, 2021
SALE PRICE: $261,900
SELLER: H. LECHUGA PROPERTIES LLC
BUYER: INVEST DSM INC.
SQUARE FEET: 3,112
ACRES: 0.344

8165 UNIVERSITY BLVD., CLIVE
SALE DATE: FEB. 3, 2021
SALE PRICE: $949,000
SELLER: REGAL SUPPLY COMPANY INC
BUYER: DOUBLE R. RANCH LC
SQUARE FEET: 12,196
ACRES: 1.129

130 N.E. GEORGETOWN BLVD., ANKENY
SALE DATE: FEB. 4, 2021
SALE PRICE: $2,853,930
SELLER: JNM DEVELOPMENT HOLDINGS LLC
BUYER: KAE, LLC
SQUARE FEET: 12,098
ACRES: 2.504 ♦

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