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The whole building of 8,400 SF is for sale with approximately 30% of the building leased to a quality tenant. Great exposure on the Coralville Strip for a very reasonable price with low operating expenses. New bike path runs right be the building. The building and some suites are also listed for lease on the MLS. Property is in an "Opportunity Zone", see attached document for reference. Buy at a discount appraised, stabilized value is $1,560,000.

Presented By

Mark Lynch

Cell Phone 319-331-0409

Contact Me

Property

Subtype
Investment,Office,Retail
Area
Iowa City/Coralville
Lot Size
35,239
Acres
0.81
Year Built
1964
County
Johnson
Zoning
C2
Gross Tax
$3
Traffic Count
20001-30000
Square Feet for Lease
8,400

Building

Max. SqFt for Lease
8,400

Ceiling Height
  • 7ft-10ft

Floor
  • Metal
  • See Remarks

Utilities

Heating/Cooling
  • Central Air
  • Central Heat

Utilities
  • Electric
  • Gas

Power Available
  • 220 Volt

Terms

Terms
  • Lease

Lease Terms

Lease Type
NET
Price Per SqFt
$16.00

Owner Pays
  • See Remarks

Tenant Pays
  • Re Tax
  • Insurance
  • CAM
  • Improvment
  • Janitorial
  • Heating
  • Water
  • Electricity
  • Trash Collection

Additional Details

Environmental
  • See Remarks

Map & Points of Interest

Select a Point of Interest and Radius from the form above.

Results from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Community Info

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Listing Agent: Mark Lynch | Office: Skogman Realty | Data courtesy of Cedar Rapids Association of Realtors MLS