ABSOLUTE* Real Estate Auction
Commercial Office Building
Monday, September 29, 2008
10:00 a.m. - to be held on location
6 miles east of I-35 on Highway 5 bypass to Fleur Drive / Airport Exit 97
3/4 miles north on Fleur Drive (4 lane) to
Gannett Avenue - Knapp Business Park
2200 Gannett Avenue, Des Moines, Iowa
General Description:
5,800 square foot high quality office building built in 2003. Three minutes to DSM International Airport and Highway 5 bypass. 2 acres, all brick, high end finish with some heated storage! Office building to be offered furnished with near new office equipment.
Estimated replacement cost w/furnishings: $900,000.
Located on the well traveled Relocated Army Post Road and Fleur Drive in Des Moines
• Neighboring the Des Moines International Airport, a hub for UPS Air Freight
• Only one half mile from Highway 65/69 bypass
• Only 6.5 Miles from Interstate 35/80 which offers easy access to Chicago, Kansas City, Minneapolis, and Omaha
• Only minutes from Downtown Des Moines
• Ample Parking
• Reduced levels of traffic for employees
Existing neighbors in and around Airport Commerce Park West:
Des Moines Register
Iowa Conference Center
United Methodist Church
Accent Tag Lable Company
Radisson Hotel/Johnnies Steak House
Fairfield Inn Suites
Caldwell Banker
Vatterott College
Square Footage:
5800 sq. ft.
Total Net Taxes:
$27,230.00
Brief Legal Description:
PAR A BOOK 9224 PAGE 192 E 2A LT 2 AIRPORT COMMERCE PARK SOUTH
Terms:
Cash, 10% down payment day of auction upon signing contract to purchase. The downpayment can be paid in cash, personal check, corporate check or cashiers check. The remainder of the purchase price is payable in cash at closing.
* The bidding will open at $600,000 and will be an ABSOLUTE auction with a 5% buyers premium added to the high bid and included as a part of the purchase price.
Leuwerke and Associates Inc., Seller
"We sell it the day you need it sold!"
Daugherty Auction & Real Estate Services, Inc.
416 Greene Street
Adel, Iowa 50003
Kelly Daugherty, owner auctioneer ~ Dan Prohaska & Chad Daugherty, auctioneers (515) 993-4159
Gubser Realty, Broker ~ Bump Law Firm, closing attorney
