Single-Tenant Office Medical
CareVet
1330 2nd Ave, Des Moines, IA 50314
Listing Price: $615,000
Cap Rate
8.00%
Tenant Name
CareVet
Years Remaining On Lease
4.5
Gross SF
2,394
Guarantor
Corporate Guarantee
Rentable SF
2,394
Price/Gross SF
$256.89
Lease Type
Double Net
Rent Per Square Feet
$20.55
Investment Overview
See Highlights
CareVet
Investment Highlights
- Best In Class Tenant - Corporate guarantee by CareVet, a veterinary practice management group with over 100 animal hospitals in more than 30 states.
- Established, Long-Term Practice - This location has been a veterinary clinic for over 20 years, allowing them to develop a deep relationship with the community.
- Strong Population - With 208,000+ residents and 88,900+ households within 5 miles, there is an ample customer base for the tenant.
- Brand New Roof - The building is in excellent shape with a brand new roof put on in December 2025.
- Des Moines MSA - The Des Moines MSA is the largest metro area in Iowa, comprised of Dallas, Guthrie, Madison, Polk and Warren counties. It is home to over 707,000 residents.
Broker of Record
Financing By
Listing Price: $615,000
Cap Rate
8.00%
Tenant Name
CareVet
Years Remaining On Lease
4.5
Gross SF
2,394
Guarantor
Corporate Guarantee
Rentable SF
2,394
Price/Gross SF
$256.89
Lease Type
Double Net
Rent Per Square Feet
$20.55
Investment Highlights
- Best In Class Tenant - Corporate guarantee by CareVet, a veterinary practice management group with over 100 animal hospitals in more than 30 states.
- Established, Long-Term Practice - This location has been a veterinary clinic for over 20 years, allowing them to develop a deep relationship with the community.
- Strong Population - With 208,000+ residents and 88,900+ households within 5 miles, there is an ample customer base for the tenant.
- Brand New Roof - The building is in excellent shape with a brand new roof put on in December 2025.
- Des Moines MSA - The Des Moines MSA is the largest metro area in Iowa, comprised of Dallas, Guthrie, Madison, Polk and Warren counties. It is home to over 707,000 residents.
Investment Overview
See Highlights
Broker of Record
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
