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2300 Oakdale Blvd

Coralville, IA 52241
  • $980,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 202401452
$980,000
  • 0
    BEDS
  • 4.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1999
County:
Area:

School Ratings & Info

Description

VERY MOTIVATED SELLER! Professional office building located in the University of Iowa Research Park with excellent access to I-80 and I-380. Perimeter offices, conference room, server room and bullpen - see attached floor plan. Property sits on over 4 acres of land which would allow for building and/or parking lot expansion. Currently there are 37 parking spaces. Fully paid land lease in place that expires March 1st, 2044. Lease can be renewed for two additional consecutive terms of 25 years. Research park uses include laboratories, offices, research and development facilities, light manufacturing, professional services (daycare), etc. Contact listing agent for additional information. *SOC: 3% on 1st $1M of gross sales price or primary term aggregate base rent, 2.5% of the second $1M of gross sales price or primary term aggregate base rent, 2% of the next $1M of gross sales price or primary term aggregate base rent, and 1.5% thereafter of gross sales price or primary term aggregate base rent.

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© 2024 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: 2024-04-18T21:29:59.867
www.gwenjohnson.com/homes/148575676
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2300 Oakdale Blvd Coralville, IA 52241

  • Price: $980,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: 202401452
0
Beds
0
Baths
0
½ Baths
4.48
Acres
1999
Built
Neighborhood:
Coralville
County:
Linn
Area:
Coralville
Property Description
VERY MOTIVATED SELLER! Professional office building located in the University of Iowa Research Park with excellent access to I-80 and I-380. Perimeter offices, conference room, server room and bullpen - see attached floor plan. Property sits on over 4 acres of land which would allow for building and/or parking lot expansion. Currently there are 37 parking spaces. Fully paid land lease in place that expires March 1st, 2044. Lease can be renewed for two additional consecutive terms of 25 years. Research park uses include laboratories, offices, research and development facilities, light manufacturing, professional services (daycare), etc. Contact listing agent for additional information. *SOC: 3% on 1st $1M of gross sales price or primary term aggregate base rent, 2.5% of the second $1M of gross sales price or primary term aggregate base rent, 2% of the next $1M of gross sales price or primary term aggregate base rent, and 1.5% thereafter of gross sales price or primary term aggregate base rent.
Exterior Features

Construction Materials Block Lot Size Acre Range TwoToFiveAcres Road Frontage Type CountyRoadPaved Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGradeCarpet Heating Central

Property Features

Auction Online Bid YN No Business Type OfficeBuilding Commercial Building Features SecuritySystem Common Area Maintenance 2.68 Compensation Remarks 3.0* Existing Lease Type Nnn Expiration Date 2024-09-30 Green Verification YN No Listing Terms CashConventionalExchange Possession ImmediateAtClosing Property Sub Type Office Special Features Other Tax Annual Amount 17978 Tax Year 2022 Utilities CableAvailableElectricityAvailableNaturalGasAvailableSewerAvailablePhoneAvailableCityWater Zoning I-1 Res/Ofc Ind Dist

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Angie Glick of GLD Commercial Real Estate Advisors: 319-731-3410.



© 2024 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: 2024-04-18T21:29:59.867
 
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The Johnson Team | Skogman Realty
2530 Corridor Way
Coralville IA, 52241