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Brian Rosteck
REALTOR®, CCIM
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2450 Oakdale Blvd, Unit and 2470, Coralville, IA 52241

$7,500,000.00

12 Photos

SQUARE FEET62,500 MLS#202205001 TRANSACTIONSale
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Class A office building for investors or users. There are two buildings with a total of 5 floors. Each floor is 15,000 feet and 2 are vacant. Owner is willing to lease back vacant floors for investors, and owner users would have up to 25,000 feet of built out office space to move into. The 3 other floors are well occupied. One to General Dynamics and two to Integrated DNA Technologies. The vacant space is for lease at $13.00 NNN with passthroughs at $3.72 psf for taxes, approx. $0.35 psf for insurance and approx $1.50 for CAM totaling $5.57 psf. The lease rate drops to $9.50 NNN for terms of 5 years or better. Buildings on a land lease paid through 2/28/2044 with University of Iowa.

Property Features

Property Type: Commercial - Business
Cooling: Central A/C
Days on Market: 87
Heating: Forced Air, Gas
Lot Size: 5.96 Acres
Roof Type: Other
Taxes: $263,858
Year Built: 2001

Feature Descriptions

Features: Other
Flooring: Carpet, Ceramic Tile
Lease Type: -
Location: Business Park
Lot Dimensions: 526x613x571x316
Road Frontage: County/City Road, Pavement
Transaction Type: Sale
Utilities Available: Electricity, Natural Gas, Sewer, Telephone, Water-City
Zoning: I1

Listed By / Shown By

Listed By

Agency Name: Lepic-Kroeger, REALTORS
Agent Name: Jeff Edberg

agent picture

Shown By

Agent Name: Brian Rosteck
Agent Phone: (319) 350-8450

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 11/28/2022. The listing information on this page last changed on 11/28/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Cedar Rapids MLS (last updated Mon 11/28/2022 7:49:07 PM EST) or NEIRBR MLS (last updated Mon 11/28/2022 7:45:29 PM EST) or ICAAR MLS (last updated Mon 11/28/2022 7:47:32 PM EST) or ECIMLS (last updated Mon 11/28/2022 7:44:30 PM EST). Real estate listings held by brokerage firms other than Skogman Commercial may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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