Description

Net Leased Investment Property – Building has been subdivided into individual condominium units. Long established tenant (Farrell’s) lease has renewed twice runs through Feb of 2025. Commercial condominium whose association provides exterior and grounds maintenance makes this a low maintenance investment opportunity. 7.22% cap rate yields a healthy return. Rapidly growing area near research campus, future University of Iowa Hospital location, new rehab hospitals, and the West Coralville development make this a smart buy. Square footage is approximated from the Johnson Co. Assessor site.

Listing ID #2202797

Commercial For Sale

2761 Oakdale Boulevard, Coralville, Iowa 52241

$711,000
Beds0
Square Feet4,207
Construction Year2006
Lot Size0
Country : US
State : IA
County : Johnson
City : Coralville
Zipcode : 52241
Baths0
Status CategoryActive
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Agent info
Jon Proud
Coldwell Banker Real Estate Professionals
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Features
2202797
Commercial
4,207 Sqft
2006
Off Street
Sprinkler/irrigation
NW corner of Hwy. 965 and Oakdale Blvd.
Additional Details
0 Sqft
Central Air Zoned
Forced Air Gas Zoned
Shingle Asphalt
2022-03-25 20:10:11
Condo
Transportation Rankings

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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