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2761 Oakdale Blvd , 1-2

Coralville, IA 52241
  • $711,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 202306487
UPDATED: 40 min ago
$711,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,207
    SQFT
  • $169
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:
Area:

School Ratings & Info

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. Rapidly growing area near research campus, future University of Iowa Hospital & Clinics building, new rehab hospitals, and the West Coralville development make this a smart buy. Square footage is approximated from the Johnson Co. Assessor site. 24+ hour minimum notice required. Rent is computed using 3,951 sq.ft.

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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: 2024-02-28T20:25:45.81
www.gwenjohnson.com/homes/146310951
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2761 Oakdale Blvd , 1-2 Coralville, IA 52241

  • Price: $711,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 40 min ago
  • MLS #: 202306487
0
Beds
0
Baths
0
½ Baths
0.1
Acres
4,207
SQFT
$169
$/SQFT
2006
Built
Neighborhood:
Coralville
County:
Johnson
Area:
Coralville
Property 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. Rapidly growing area near research campus, future University of Iowa Hospital & Clinics building, new rehab hospitals, and the West Coralville development make this a smart buy. Square footage is approximated from the Johnson Co. Assessor site. 24+ hour minimum notice required. Rent is computed using 3,951 sq.ft.
Exterior Features

Construction Materials BrickFramePrecastStoneOther Lot Size Acre Range None Lot Size Dimensions Condo Road Frontage Type CountyRoadHighway Roof Composition

Interior Features

Cooling CentralAirZoned Flooring ConcreteSlabGradeCarpet Heating NaturalGasForcedAir

Property Features

Auction Online Bid YN No Business Type EducationSchoolMedicalOrDentalOfficeBuilding Buyer Financing CashConventional Commercial Building Features Other Common Area Maintenance 1.69 Compensation Remarks 2.5% Existing Lease Type Nnn Expiration Date 2024-06-30 Green Verification YN No Possession Negotiable Property Sub Type Commercial Special Features None Tax Annual Amount 5.93 Tax Year 2019 Utilities CableAvailableElectricityAvailableNaturalGasAvailableSewerAvailablePhoneAvailableCityWater Zoning CPUD-2

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Jon Proud of Edge Realty Group: 319-351-3355.



© 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: 2024-02-28T20:25:45.81
 
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The Johnson Team | Skogman Realty
2530 Corridor Way
Coralville IA, 52241