MercyOne Medical Office Building

2525 E. Euclid, Des Moines, IA 50317

  • For Sale $3,155,357
  • Property Type Retail - Freestanding
  • Property Size 7,750 SF
  • Lot Size 1 Acre
  • Property Tenancy Single Tenant
  • Date Updated Dec 25, 2023
Des Moines is the capital and the most populous city in the state of Iowa. It is also the county seat of Polk County. A small part of the city extends into Warren County. It is located on and named after, the Des Moines River, which likely was adapted from the early French name, Rivière des Moines, meaning "River of the Monks". The city's population was 214,237 as of the 2019 population estimate. The six-county metropolitan area is ranked 83rd in terms of population in the United States with 699,292 residents according to the 2019 estimate by the United States Census Bureau and is the largest metropolitan area fully located within the state. Many insurance companies are headquartered in Des Moines, including the Principal Financial Group, EMC Insurance Group, Fidelity & Guaranty Life, Allied Insurance, GuideOne Insurance, Wellmark Blue Cross Blue Shield of Iowa, FBL Financial Group, and American Republic Insurance Company. Iowa has one of the lowest insurance premium taxes in the nation at 1%, and doesn't charge any premium taxes on qualified life insurance plans, making the state attractive to insurance business. The Principal is one of two Fortune 500 companies with headquarters in Iowa (the other being Casey's General Stores), ranking 201st on the magazine's list in 2020. As a center of financial and insurance services, other major corporations headquartered outside of Iowa have a presence in the Des Moines Metro area, including Wells Fargo, Voya Financial, and Electronic Data Systems (EDS). The Meredith Corporation, a leading publishing and marketing company, was also based in Des Moines prior to its acquisition by IAC and merger with Dotdash in 2021. Meredith published Better Homes and Gardens, one of the most widely circulated publications in the United States. Des Moines was also the headquarters of Golf Digest magazine. Other major employers in Des Moines include UnityPoint Health, Mercy Medical Center, MidAmerican Energy Company, CDS Global, UPS, Firestone Agricultural Tire Company, EDS, Drake University, Titan Tire, The Des Moines Register, Anderson Erickson, Dee Zee and EMCO.This Property is for sale

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Highlights

  • Absolute Net (NNN) Lease - Zero Landlord Responsibilities
  • 2018 Built-To-Suit Construction for Tenant
  • Rental Escalations throughout Current Lease Term
  • 7 Years Remaining on a 12 Year Lease Term
  • Strong Des Moines Location - Located in a Strong Commercial Corridor
  • Lease Guaranteed By Mercy Clinics, Inc. A subsidiary of Mercy One Which Has 420+ Locations and 20,000+Employees
  • Mercy One Is The Largest Healthcare System In Iowa

Contacts

broker

Dan Lewkowicz

Encore Real Estate Investment Services

(248) 943-2838

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable
  • Transit Score ®

    31/100 Some Transit
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Des Moines, IA
  • Neighborhood Fairmont Park
  • Zip Code 50317
  • Market Des Moines

Points of Interest

  • Casey's General Store

    1.28 miles

  • QuikTrip

    1.29 miles

  • QuikTrip

    1.51 miles

  • Casey's General Store

    1.55 miles

  • QuikTrip

    2.10 miles

  • Casey's General Store

    2.40 miles

  • Kwik Trip

    2.41 miles

  • Git N Go

    2.68 miles

  • Kum & Go

    3.15 miles

  • Tesla Supercharger

    3.17 miles

  • Lot 7

    1.67 miles

  • Lot 9

    1.71 miles

  • Lot 10

    1.78 miles

  • Lot 18

    1.90 miles

  • Lot 16

    2.76 miles

  • Lot 24

    2.77 miles

  • Lot 25

    2.84 miles

  • Lot 12

    2.85 miles

  • Lot 18

    2.85 miles

  • Lot 11

    2.88 miles

  • Perkins

    0.09 miles

  • Subway

    0.89 miles

  • McDonald's

    0.92 miles

  • Taco Bell

    1.47 miles

  • Sonic

    1.50 miles

  • Village Inn

    1.59 miles

  • Student Dining Center

    1.62 miles

  • McDonald's

    1.62 miles

  • Pho All Seasons

    1.69 miles

  • El Rodeo

    1.77 miles

  • Hy-Vee

    0.11 miles

  • Gordmans

    1.01 miles

  • El Palmino

    1.61 miles

  • Cash Saver

    1.70 miles

  • ALDI

    1.86 miles

  • Fareway

    2.47 miles

  • Jung's Oriental Food Store

    2.67 miles

  • New Oriental Food Store

    3.29 miles

  • Hy-Vee

    3.34 miles

  • Target

    3.54 miles

Frequently Asked Questions

What is the lease rate for MercyOne Medical Office Building?

Rental asking rate at MercyOne Medical Office Building is $1,577,678.50/YR.

What is the total square footage of MercyOne Medical Office Building?

MercyOne Medical Office Building totals 7,750 square feet.

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Contact Listing Broker

broker

Dan Lewkowicz

Encore Real Estate Investment Services

(248) 943-2838