Four Mile, Building I

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Four Mile, Building I

Ankeny

Four Mile Distribution Center I is the first phase of a larger industrial park providing regional and national clients with a great location and modern amenities. The excellent access to Interstates 35 and 80 makes it highly attractive to distribution and logistics tenants. The building offers market-leading features with 32’ clear height ceilings, precast construction, 135’ truck courts, 15 bays and 26 dock doors. The warehouse was sold after Amazon signed an agreement to lease the space for a delivery station.

Services Offered

Historical Returns Summary

10-Year Sale Return Summary

19.82%

10-Year IRR

4.15x

Equity Multiple

10.10%

Cash-On-Cash
(7-Year Stabilized Avg.)

4-Year Sale Return Summary

35.97%

4-Year IRR

2.44x

Equity Multiple

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