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Lot 2 Prairie Village , Building 1

Tiffin, IA 52340
  • $28
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 202401750
$28
  • 0
    BEDS
  • 1.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
2025
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Lot 2 is the newest construction proposed in the Prairie Village development and a prime opportunity in the thriving community of Tiffin, nestled within the Iowa City Metropolitan Area. Anchored by the trusted Fareway Grocery, Prairie Village enjoys a strategic location at the upcoming lighted intersection of N Kimberlite Street and Highway 6, in Spring/Summer 2024. This premiere site is strategically situated adjacent to the future northward trail extension. Lot 2 features two brand new 1,800 - 7,200 square feet buildings with warm vanilla box retail and office space, two end cap drive throughs and patio seating available on North/West endcaps. Landlord is offering a $30 PSF Tenant Improvement Allowance. Members of ownership group are licensed real estate agents in the State of Iowa. 3% of first $1,000,000 of primary term aggregate base rent; 2.5% next $1,000,000; 2% next $1,000,000, and 1.5% of primary term aggregate base rent thereafter. Commissions on total lease values >= to $200,000 due 50% upon execution of lease and 50% upon rent commence. Commissions on total lease value < $200,000 due 100% on rent commencement



© 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/149019934
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Lot 2 Prairie Village , Building 1 Tiffin, IA 52340

  • Price: $28
  • Status: Active
  • On Site: 21 Days
  • MLS #: 202401750
0
Beds
0
Baths
0
½ Baths
1.82
Acres
2025
Built
Neighborhood:
Nw Quadrant
County:
Johnson
Area:
Nw Quadrant
Elementary School:
Clear Creek
Middle School:
Clear Creek
High School:
Clear Creek
Property Description
Lot 2 is the newest construction proposed in the Prairie Village development and a prime opportunity in the thriving community of Tiffin, nestled within the Iowa City Metropolitan Area. Anchored by the trusted Fareway Grocery, Prairie Village enjoys a strategic location at the upcoming lighted intersection of N Kimberlite Street and Highway 6, in Spring/Summer 2024. This premiere site is strategically situated adjacent to the future northward trail extension. Lot 2 features two brand new 1,800 - 7,200 square feet buildings with warm vanilla box retail and office space, two end cap drive throughs and patio seating available on North/West endcaps. Landlord is offering a $30 PSF Tenant Improvement Allowance. Members of ownership group are licensed real estate agents in the State of Iowa. 3% of first $1,000,000 of primary term aggregate base rent; 2.5% next $1,000,000; 2% next $1,000,000, and 1.5% of primary term aggregate base rent thereafter. Commissions on total lease values >= to $200,000 due 50% upon execution of lease and 50% upon rent commence. Commissions on total lease value < $200,000 due 100% on rent commencement
Exterior Features

Construction Materials FrameOther Lot Size Acre Range OneToTwoAcres Lot Size Dimensions Irregular Road Frontage Type InterstatePavedHighway Roof Composition

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating Central

Property Features

Auction Online Bid YN No Business Type FoodAndBeverageMedicalOrDentalOfficeBuildingRetail Commercial Building Features AdditionalBuildings Common Area Maintenance 6 Compensation Remarks 3% slide Existing Lease Type Nnn Expiration Date 2025-04-01 Green Verification YN No Listing Terms Other Possession Negotiable Property Sub Type Commercial Special Features None Tax Annual Amount 1967 Tax Year 2022 Utilities CableAvailableElectricityAvailableSewerAvailablePhoneAvailableUndergroundUtilitiesCityWater Zoning C-2B

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Craig Byers of Q4 Real Estate: 319-294-3339.



© 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