Skip To Content

    2205 E Grantview Dr , Thrive Gym Suit

    Coralville, IA 52241
    • $1,300,000
    • STATUS: Active
    • ON SITE: 53 Days
    • MLS #: 202104806
    UPDATED: 71 min ago
    $1,300,000
    • 0
      BEDS
    • 0.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,706
      SQFT
    • $102
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    Description

    Commercial tenant occupied investment opportunity. This Class A, commercial condo has a high-end build-out in a growing location. This investment is a 7.43% cap rate for this 12,706 SF tenant, Thrive Gym. Tenant secured NNN lease with a CPI increase in 2023. Good visibility and plenty of parking in a growing community with neighbors of Balance Autism, Business & Financial Strategies, Watts Group Development, Pugh, Hagan, and Prahm Law Firm, and Sanctuary Community Church. Floor plan, 3-D Matterport tour, and professional photos attached.

    Monthly Payment Calculator



    © 2021 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 The Johnson Team. Data last updated: 2021-10-16T13:25:39.443
    www.gwenjohnson.com/homes/120736067
    Print Image

    2205 E Grantview Dr , Thrive Gym Suit Coralville, IA 52241

    • Price: $1,300,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 202104806
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.81
    Acres
    12,706
    SQFT
    $102
    $/SQFT
    2006
    Built
    Neighborhood:
    Coralville
    County:
    Johnson
    Area:
    Coralville
    Property Description
    Commercial tenant occupied investment opportunity. This Class A, commercial condo has a high-end build-out in a growing location. This investment is a 7.43% cap rate for this 12,706 SF tenant, Thrive Gym. Tenant secured NNN lease with a CPI increase in 2023. Good visibility and plenty of parking in a growing community with neighbors of Balance Autism, Business & Financial Strategies, Watts Group Development, Pugh, Hagan, and Prahm Law Firm, and Sanctuary Community Church. Floor plan, 3-D Matterport tour, and professional photos attached.
    Exterior Features

    Additional Square Feet 10000-20000 Sqft Construct Cm BrickOther Road Frontage County/City Road Roof Type Composition

    Interior Features

    Cooling Central A/C Elevators Yes Floor Type Concrete Slab/Grade Heating Gas

    Property Features

    Bank Owned NO Business Food ServicesOffice BuildingOther Ci Features Security SystemSprinkler System Gross Taxcounty And City 0 Insurance Exp Per Sqft 0 Internet Yes Lease Price 0 Location Other Lot Dimensions Condos Ownership Type Commercial Possible Financing CashConventionalExchange Sale Includes Building &Amp; Land Sale Lease For Sale Special Features None Type Of Lease N/A Utilities Available Cable TvElectricityNatural GasSewerWater-City Zoning Cpud-2

    Listing information © 2021 Iowa City Area Association of Realtors.
    Listing provided courtesy of Brad Houser of Skogman Realty Co..



    © 2021 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 The Johnson Team. Data last updated: 2021-10-16T13:25:39.443
     
    https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_202104806-2.jpg https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_202104806-2.jpg https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_202104806-2.jpg
    Logo
    The Johnson Team
    2530 Corridor Way
    Coralville IA, 52241