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property record · Retail

4100 Merle Hay Road

Commercial property in Des Moines, Polk County, Iowa. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: RetailSQ FT: 229,413BUILT: 1973Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/2b36532b-5edd-4ffb-83c5-bb2c71d48442

Operating income

As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.

As ofNOIRevenueExpensesDSCRSource
2023-09-301,268,2352,432,9781,164,743—evidence →
2023-09-301,209,7122,447,4511,237,738—evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0002023106", "entity_ref": "8fda1b7b-74ba-4266-aba6-7bf7cee406cd", "trust_name": "BANK 2024-BNKevidence →
address{"zip": "50322", "city": "Des Moines", "state": "IA", "county": "Polk", "address": "4100 Merle Hay Road"}evidence →
occupancy{"basis": "most_recent", "value": 0.93}evidence →
sqft{"basis": "most_recent", "value": 229413}evidence →
status{"label": "Same as at Securitization", "value": "6"}evidence →
type{"label": "Retail", "value": "RT"}evidence →
valuation{"basis": "securitization", "amount": 13683212, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1973, "renovated": 1994}evidence →