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. 7.22% cap rate yields a healthy return. Rapidly growing area near research campus, future University of Iowa Hospital location, new rehab hospitals, and the West Coralville development make this a smart buy. Square footage is approximated from the Johnson Co. Assessor site.

Features
: Forced Air, Gas, Zoned
: Central Air, Zoned
: Sprinkler/irrigation
: Carpet, Concrete
: Off Street
: Electricity Available, Natural Gas Available
Address Map
IA
Johnson
Coralville
52241
Oakdale
2761
Boulevard
0
W92° 26' 10.6''
N41° 42' 4.9''
NW corner of Hwy. 965 and Oakdale Blvd.
MLS Addon
Coldwell Banker Real Estate Professionals
Jon Proud
$0
0 Sqft
$0
$0
$0
$0
Full,unfinished
0 Sqft
: Private Restrooms, Pole Sign, Multi-tenant
0
177
River
proudjon121
CCBREP
Condo
Active
0625278022, 0625278023
: Shingle, Asphalt
0
Click here
CPUD-2

Commercial Sale For Sale

2761 Oakdale Boulevard, Coralville, Iowa 52241

4,207 Sqft
$711,000
Listing ID #2202797
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2202797
Price : $711,000
Square Footage : 4,207 Sqft
Year Built : 2006
Property Sub Type : Business
Status : Active
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent