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2205 E Grantview Dr , Thrive Gym Suit

Coralville, IA 52241
  • $1,300,000
  • STATUS: Active
  • ON SITE: 157 Days
  • MLS #: 202104806
$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.

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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 The Johnson Team | Skogman Realty. Data last updated: 2022-01-28T00:25:36.353
www.gwenjohnson.com/homes/120736067
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2205 E Grantview Dr , Thrive Gym Suit Coralville, IA 52241

  • Price: $1,300,000
  • Status: Active
  • On Site: 157 Days
  • 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 © 2022 Iowa City Area Association of Realtors.
Listing provided courtesy of Brad Houser of Skogman Realty Co..



© 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 The Johnson Team | Skogman Realty. Data last updated: 2022-01-28T00:25:36.353
 
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The Johnson Team | Skogman Realty
2530 Corridor Way
Coralville IA, 52241