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2205 E Grantview Drive

Coralville, IA 52241
  • $1,625,000
  • STATUS: Active
  • ON SITE: 148 Days
  • MLS #: 2105833
UPDATED: 128 min ago
$1,625,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 26,408
    SQFT
  • $62
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:

School Ratings & Info

Description

Commercial tenant occupied investment opportunity. This Class A, commercial condo has a high-end build-out in agrowing location. This investment is a 7.45% cap rate for this 8,645 national education tenant, Balance Autism. Tenantsecured NNN lease until 2027 with increases. Good visibility and plenty of parking in a growing community withneighbors of Thrive Gym, Business & Financial Strategies, Watts Group Development, Pugh, Hagan, and Prahm LawFirm, and Sanctuary Community Church. Floor plan, video tour, 3-D Matterport, and professional photos attached.

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© 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2022-01-18T23:42:27.173.
www.lepicelite.com/homes/120734125
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2205 E Grantview Drive Coralville, IA 52241

  • Price: $1,625,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 128 min ago
  • MLS #: 2105833
0
Beds
0
Baths
0
½ Baths
0.28
Acres
26,408
SQFT
$62
$/SQFT
2006
Built
Neighborhood:
Iowa City/Coralville
County:
Johnson
Area:
Iowa City/Coralville
Property Description
Commercial tenant occupied investment opportunity. This Class A, commercial condo has a high-end build-out in agrowing location. This investment is a 7.45% cap rate for this 8,645 national education tenant, Balance Autism. Tenantsecured NNN lease until 2027 with increases. Good visibility and plenty of parking in a growing community withneighbors of Thrive Gym, Business & Financial Strategies, Watts Group Development, Pugh, Hagan, and Prahm LawFirm, and Sanctuary Community Church. Floor plan, video tour, 3-D Matterport, and professional photos attached.
Exterior Features

Construction Materials See Remarks Exterior Features Sprinkler/Irrigation Levels Two Roof See Remarks Stories Total 2

Interior Features

Basement YN Yes Cooling See Remarks Flooring See Remarks Heating See Remarks

Property Features

Electric See Remarks Lease Considered YN No Sewer Public Sewer Tax Annual Amount 25204 Tenant Pays Common Area MaintenanceElectricityHeatInsuranceJanitorial ServiceSee RemarksTaxesTrash CollectionWater Utilities See Remarks Water Source Public Zoning Description C-Pud2

Listing information © 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Mark Lynch of Skogman Realty.
© 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2022-01-18T23:42:27.173.
 
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2346 Mormon Trek Blvd
Iowa City IA, 52246