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2450 Oakdale Blvd , And 2470

Coralville, IA 52241
  • $7,500,000
  • STATUS: Active
  • ON SITE: 140 Days
  • MLS #: 202105059
$7,500,000
  • 0
    BEDS
  • 5.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 62,500
    SQFT
  • $120
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2001
County:
Area:

School Ratings & Info

Description

Class A office building for investors or users. There are two buildings with a total of 5 floors. Each floor is 15,000 feet and 2 are vacant. Owner is willing to lease back vacant floors for investors, and owner users would have up to 25,000 feet of built out office space to move into. The 3 other floors are well occupied. One to General Dynamics and two to Integrated DNA Technologies. The vacant space is for lease at $13.00 NNN with passthroughs at $3.72 psf for taxes, approx. $0.35 psf for insurance and approx $1.50 for CAM totaling $5.57 psf. The lease rate drops to $9.50 NNN for terms of 5 years or better. Buildings on a land lease paid through 2/28/2044 with University of Iowa.

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© 2022 Iowa City Area Association of Realtors. 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: 2022-01-28T00:25:36.353
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2450 Oakdale Blvd , And 2470 Coralville, IA 52241

  • Price: $7,500,000
  • Status: Active
  • On Site: 140 Days
  • MLS #: 202105059
0
Beds
0
Baths
0
½ Baths
5.96
Acres
62,500
SQFT
$120
$/SQFT
2001
Built
Neighborhood:
Coralville
County:
Johnson
Area:
Coralville
Property Description
Class A office building for investors or users. There are two buildings with a total of 5 floors. Each floor is 15,000 feet and 2 are vacant. Owner is willing to lease back vacant floors for investors, and owner users would have up to 25,000 feet of built out office space to move into. The 3 other floors are well occupied. One to General Dynamics and two to Integrated DNA Technologies. The vacant space is for lease at $13.00 NNN with passthroughs at $3.72 psf for taxes, approx. $0.35 psf for insurance and approx $1.50 for CAM totaling $5.57 psf. The lease rate drops to $9.50 NNN for terms of 5 years or better. Buildings on a land lease paid through 2/28/2044 with University of Iowa.
Exterior Features

Additional Square Feet 50000-100000 Sqft Construct Cm Steel/MetalStucco Eifs Road Frontage County/City RoadPavement Roof Type Other

Interior Features

Cooling Central A/C Elevators Yes Floor Type CarpetCeramic Tile Heating Forced AirGas

Property Features

Bank Owned NO Business Office Building Ci Features Other Gross Taxcounty And City 263858 Insurance Exp Per Sqft 0 Internet Yes Lease Price 0 Location Business Park Lot Dimensions 526X613x571x316 Ownership Type Commercial Possible Financing CashConventional Sale Lease For Sale Special Features None Type Of Lease - Utilities Available ElectricityNatural GasSewerTelephoneWater-City Zoning I1

Listing information © 2022 Iowa City Area Association of Realtors.
Listing provided courtesy of Jeff Edberg of Lepic-Kroeger, Realtors.



© 2022 Iowa City Area Association of Realtors. 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: 2022-01-28T00:25:36.353
 
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