NOTABLE TRANSACTIONS: Property sold in Ankeny that includes Hobby Lobby retail store

ExchangeRight Net Leased All Cash 15 DST, located in Johnston, paid Parlay Ankeny LLC $9.78 million for property at 5075 S.E. Delaware Ave. in Ankeny, Polk County real estate records show. The 6.4-acre parcel includes a 53,960-square-foot retail building occupied by Hobby Lobby. The building was constructed in 2023. The property is valued at $9.2 million. The transaction was recorded July 9.

Birch Apartment LLC, located in Council Bluffs, paid Vareco 3120 Douglas LLC and Vareco 3120 Douglas TIC LLC $6.1 million for property at 3120 Douglas Ave. in Des Moines, records show. The 3.3-acre parcel includes the Douglas Terrace Apartment complex with 74 units. The property is valued at $3.89 million. The transaction was recorded July 7.

Monarch Poured Walls Inc. paid Collins Community Credit Union just over $1 million for five residential parcels in Ankeny’s Prairie Trail development, records show. Four of the parcels include partially complete single-family houses. The transaction was recorded July 7…

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