2239 Heinz Rd Iowa City IA 52240
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2239 Heinz Rd Iowa City IA 52240
72,000 warehouse with 33,500 SF leased at $5.00 PSF/YR NNN. Taxes are $1.13 per SF/YR, Insurance is estimated to be $0.25 SF/YR and CAM is performed directly by the tenant. When the remaining vacant space of 38,500 SF is leased, the CAP rate will be 7% per year. There are 2 doc doors with levelers, 2 OH doors with 23' eave height and floors are 5" reinforced concrete. The property is located on 4.36 acres with ample truck turn space and additional employee parking. All lighting has just been upgraded to LED warehouse lights.
MLS#
202604991
Price
$5,100,000
Status
Active
Property Type
Commercial Sale
Property Subtype
Commercial
Property Features
Lot Size:
4.36 Acres
Taxes
$81,370
Property Descriptions
Parcel#
1024178010
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water
Lot Dimensions:
4.36 Acres
Total Building Square Footage:
72,000 /SF
Listed By / Shown By
Agency Name:
Lepic-Kroeger, REALTORS
Agent Name:
Jeff Edberg
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