2346 Mormon Trek Blvd Iowa City, IA 52246
The Grandview Building on Mormon Trek Blvd is a class A Building with 28,545 square feet of space. It has two surface parking lots as well as underground parking. It is fully leased with a gross income of $521,019 and a net operating income of $284,880. The capitalization rate is 6.0%. The tenants include Covenant Family Solutions, Alberhasky Eye, United Iowa Financial, Lepic-Kroeger, Realtors, City Construction, Willow Creek Dentistry and Susan Mimms Financial. The total leased space is 25,246 and is fully elevator served from the lower level garage to the second floor. Specific leases and financial information are available upon the recipient signing a non-disclosure agreement, which is attached as an associated document.
Listing ID: 202604338
$4,750,000
- Total Baths
- ActiveStatus
- 1996Year Built
- Commercial Property Type
- County Johnson
- MLS Area Iowa City
- Directions At the intersection of Mormon Trek Blvd & West Side Dr.
- Interior Elevator, ZeroStepEntry
- Heating/Cooling NaturalGas, ForcedAir
- Construction Brick, Frame
- Roof Metal
- Possession AtClosing
- Utilities Available CableAvailable, ElectricityAvailable, NaturalGasAvailable, SewerAvailable, PhoneAvailable, UndergroundUtilities, CityWater
- Lot Size in Acres 1.45
- Zoning CO1
- Road Frontage CountyRoad, Paved, Highway
- Property Type COM
- Property SubType Commercial
- Business MedicalOrDental, OfficeBuilding
- Year Built 1996
- Status Active
- Tax Year 2023
- Documents Available AerialPhoto, LeaseAvail
Jeff Edberg
Broker: Lepic-Kroeger, Realtors