---
title: 32,000 SF Flex-Industrial Property
description: Fulton advised on the purchase of a 32,000 SF property in Des Moines, Iowa. The facility spans over 3 acres and is easily accessible via major interstates.
image: https://www.fultonrc.com/hubfs/IOWAFlex.png
---

# Recent Transactions

## 32,000 SF Flex-Industrial Property

 June 26, 2024 •[Fulton Staff](https://www.fultonrc.com/transactions/author/fulton-staff)

**

[Flex-Industrial](https://www.fultonrc.com/transactions/tag/flex-industrial)• [Iowa](https://www.fultonrc.com/transactions/tag/iowa)

![Iowa and Flex Industrial icons](https://www.fultonrc.com/hs-fs/hubfs/IOWAFlex.png?height=630&name=IOWAFlex.png) Fulton Realty Capital assisted a private client in purchasing a 32,000 rentable SF, flex-industrial asset in the Des Moines, Iowa MSA. Fulton's team firm arranged five-year, fixed-rate financing with a regional bank and led all negotiations.

 The two-building property, located on 3 acres in a rapidly growing submarket, offers easy access to the broader metro area via two highways. Notable features include versatile layouts, roll-up doors, and direct access to all 17 units.

Fully occupied at closing and priced below replacement cost, the property benefits from a diverse tenant mix across various industries. There is potential for increased revenue through rent escalations as leases expire.

 

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