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2205 E Grantview Dr , Balance Austim

Coralville, IA 52241
  • $1,625,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 202202137
$1,625,000
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,645
    SQFT
  • $188
    $/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 7.45% cap rate for this 8,645 national education tenant, Balance Autism. Tenant secured NNN lease until 2027 with increases. Good visibility and plenty of parking in a growing community with neighbors of Thrive Gym, Business & Financial Strategies, Watts Group Development, Pugh, Hagan, and Prahm Law Firm, and Sanctuary Community Church.

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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: 2022-05-21T00:25:52.553
www.gwenjohnson.com/homes/127643911
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2205 E Grantview Dr , Balance Austim Coralville, IA 52241

  • Price: $1,625,000
  • Status: Active
  • On Site: 37 Days
  • MLS #: 202202137
0
Beds
0
Baths
0
½ Baths
0.81
Acres
8,645
SQFT
$188
$/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 7.45% cap rate for this 8,645 national education tenant, Balance Autism. Tenant secured NNN lease until 2027 with increases. Good visibility and plenty of parking in a growing community with neighbors of Thrive Gym, Business & Financial Strategies, Watts Group Development, Pugh, Hagan, and Prahm Law Firm, and Sanctuary Community Church.
Exterior Features

Additional Square Feet 5000-10000 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 Mark Lynch 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: 2022-05-21T00:25:52.553
 
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The Johnson Team | Skogman Realty
2530 Corridor Way
Coralville IA, 52241