NOTABLE TRANSACTIONS: Fleet Farm property in Waukee sold for $38.1 million
A Fleet Farm retail store at 1300 S.E. Kettlestone Blvd. in Waukee opened on Aug. 28 in Waukee. The property has been sold for $38.1 million, recent real estate transactions show. Business Record file photo
The following real estate transactions were recorded in Polk and Dallas counties Jan. 18-22.
A South Dakota manufactured housing company has bought property at 1300 S.E. Kettlestone Blvd. in Waukee that includes the Fleet Farm retail and convenience stores, Dallas County real estate records show.
The company, Terveen Manufactured Homes LLC, paid Hurd Kettlestone LLC $38.1 million for the 19.8-acre parcel, records show. Terveen is based in Sioux Falls, S.D.
The 189,660-square-foot Fleet Farm retail store opened in August, as did a Fleet Farm convenience store with gas pumps. Hurd Kettlestone is managed by developer Richard Hurd.
The Fleet Farm development project was valued at $25.4 million.
The transaction was recorded Jan. 21.
In other real estate transactions:
Genesis Homes Inc. paid Kenyon Hill Ridge LLC $2.6 million for 37 residential lots located south of Southeast University Avenue and west of Grand Prairie Parkway in Waukee, records show. The transaction was recorded on Jan. 20.
Mark and Rori Mankins paid Chad and Emily Baker $1.29 million for property at 924 Briar Ridge in West Des Moines, Polk County real estate records show. The 1-acre parcel includes a single-family house constructed in 2009. The transaction was recorded Jan. 19.
Albia-based University Park Place LLC paid University Park LP $2.91 million for property at 3725, 3727, 3807, 3809 and 3811 University Ave. in Des Moines, records show. Each property includes a two-story apartment building, each constructed in 1965. The properties, collectively, were valued at $1 million in 2019. The transaction was recorded on Jan. 19.
RJW LLC, based in Clive, paid Springwood Car Wash LLC $625,000 for property at 421 S.E. Oralabor Road in Ankeny, records show. The property includes a six-bay car wash constructed in 2001. The property in 2019 was valued at $238,000. The transaction was recorded on Jan. 21.
Kwik Trip Inc., based in La Crosse, Wis., paid Temple Holdings LP $1.5 million for property at 10103-10193 Plum Drive in Urbandale, records show. The parcel includes 2.3 acres. The transaction was recorded on Jan. 21.
Donlin Investing LLC paid Section 3 Properties LLC $1.2 million for property at 1490 N.W. 86th St. in Clive, records show. The property includes a retail and warehouse development constructed in 1985. The property in 2019 was valued at $1 million. The transaction was recorded on Jan. 22.
Bradley and Amy Brody paid Stuart Lehr II and Stacey Lehr $1.3 million for property at 3870 Timberline Drive in West Des Moines, records show. The property includes a one-story single-family house built in 1997. The transaction was recorded on Jan. 22.