Holland Farms Commercial Land Plat 3 Lot 3 Colonial Parkway & Highway 28, Norwalk, Iowa

FOR SALE

HOLLAND FARMS COMMERCIAL LAND PLAT 3 LOT 3 COLONIAL PARKWAY & HIGHWAY 28, NORWALK, IOWA

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Beardsley St

Elizabeth Holland Park C-2 OUTLOT X 1.63 Acres

SOLD Sunset Dr

SOLD

OUTLOT V PARK EXTENSION .82 Acres

SOLD rive OUTLOT U Turnberry D 4.02 Acres m/l

SOLD AVAILABLE FUTURE PLAT 3 LOT 3 1.49 Acres m/l

Colonial Pkwy FUTURE

CBRE|HUBBELL COMMERCIAL 6900 Westown Parkway West Des Moines, Iowa 50266 www.cbre.com/desmoines FOR SALE PLAT 3 LOT 3 LAND HOLLAND FARMS HIGHWAY 28 & COLONIAL PKWY, NORWALK, IOWA

SITE FEATURES 3.11 +/- acres commercial|development ground for sale. Quick access to downtown & I-35.

+ Commercial development ground for sale

PLAT 3 LOT 3 - 1.49 acres - $455,000 Elizabeth Holland Park

+ Potential uses: retail, medical, office & commercial

+ P.U.D. Zoning 2015 Gregg Young Chevrolet

+ Quick access to downtown Des Moines

+ Easy access to I-35 from Highway 5 extension

FUTURE 3 - + Offsite access to City owned and maintained regional detention within Elizabeth Holland Park for one time access fee.

+ Turnberry Drive - Complete September 2017 FUTURE City of Norwalk T.I.F. Project

LISTING # 1007554_3 FOR SALE PLAT 3 LOT 3 LAND HOLLAND FARMS HIGHWAY 28 & COLONIAL PKWY, NORWALK, IOWA

PLAT 3 LOT 3

LISTING # 1007554_3 FOR SALE PLAT 3 LOT 3 LAND HOLLAND FARMS HIGHWAY 28 & COLONIAL PKWY, NORWALK, IOWA

USE RESTRICTIONS. During the term of this Declaration and for the benefit of the Benefited Party, the Restricted Parcels (Parcels 1 & 2) must not be used for any of the following, to-wit: Beardsley Street

1. The retail sale of (i) edible parishable products, including, but not limited to fruits, vegetables, meat and seafood; (ii) pre-packaged food and/or pre-packaged beverages, provided, however that the same may be sold on PARCEL SOLD the Restricted Parcel so long as the sale of such products does not exceed five 1 percent (5%) of the gross sales of such business; and/or (iii) alcoholic N beverages for off premises consumption (for purposes of clarification of the foregoing only, and not in limitation, the restriction contained in this Section 3(e) is not intended to prohibit restaurant uses); PARCEL 2 SOLD 2. Retail or discount grocery or supermarket (by way of example only, and not limitation: Dahl’s, Fareway, Albertson’s, Kroger, Safeway, Price Chopper, Aldi, Trader Joes, Whole Foods Market, Gateway Market);

3. The Sale of prescription and/or over-the-counter pharmaceuticals;

4. Retail store marketed as any form of “dollar store” (by way of example only, and not in limitation: Dollar General, Family Dollar, Dollar Tree);

5. Supercenter

6. Wholesale or club store (by way of example only, and not in limitation: Costco, Sam’s Club);

7. Convenience store or gas station;

8. Financial services, namely: banking; retail banking; deposit services; financial investment in the field of securities; investment advisory; investment consultation services; extending consumer and industrial loans to others; commercial lending; servicing loans and extensions of credit; real estate lending; mortgage financing and mortgage servicing; providing venture capital to others; insurance and trust services, offered over the telephone, over a global computer network, and through traditional banking means, namely in person and/or through automated teller machines.

RESTRICTIONS RUN WITH LAND. The use restrictions imposed by this instrument constitute covenants running with the land and, as such, will be binding upon the owners from time-to-time of the Restricted Parcel and their respective heirs, successors and assigns.

CRAIG KING, ALC Vice President +1 515 221 6678 [email protected]

© 2021 Hubbell Commercial Brokers, L.C., d/b/a CBRE|Hubbell Commercial. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdraw without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

LISTING # 1007554_3