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    2205 E Grantview Drive

    Coralville, IA 52241
    • $1,300,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 2105839
    UPDATED: 170 min ago
    $1,300,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 26,408
      SQFT
    • $49
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:

    School Ratings & Info

    Description

    Commercial tenant occupied investment opportunity. This Class A, commercial condo has a high-end build-out in agrowing location. This investment is a 7.43% cap rate for this 12,706 SF tenant, Thrive Gym. Tenant secured NNN leasewith a CPI increase in 2023. Good visibility and plenty of parking in a growing community with neighbors of BalanceAutism, Business & Financial Strategies, Watts Group Development, Pugh, Hagan, and Prahm Law Firm, and SanctuaryCommunity Church. Floor plan, video tour, 3-D Matterport, and professional photos attached.

    Monthly Payment Calculator

    © 2021 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. 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 Graf Home Selling Team & Associates. Data last updated: 2021-09-26T23:42:26.32.
    www.cedarrapidsareahomes.com/homes/120739403
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    2205 E Grantview Drive Coralville, IA 52241

    • Price: $1,300,000
    • Status: Active
    • Updated: 170 min ago
    • MLS #: 2105839
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    26,408
    SQFT
    $49
    $/SQFT
    2006
    Built
    Neighborhood:
    Iowa City/Coralville
    County:
    Johnson
    Area:
    Iowa City/Coralville
    Property Description
    Commercial tenant occupied investment opportunity. This Class A, commercial condo has a high-end build-out in agrowing location. This investment is a 7.43% cap rate for this 12,706 SF tenant, Thrive Gym. Tenant secured NNN leasewith a CPI increase in 2023. Good visibility and plenty of parking in a growing community with neighbors of BalanceAutism, Business & Financial Strategies, Watts Group Development, Pugh, Hagan, and Prahm Law Firm, and SanctuaryCommunity Church. Floor plan, video tour, 3-D Matterport, and professional photos attached.
    Exterior Features

    Construction Materials See Remarks Exterior Features Sprinkler/Irrigation Levels Two Roof See Remarks Stories Total 2

    Interior Features

    Basement YN Yes Cooling See Remarks Flooring See Remarks Heating See Remarks

    Property Features

    Electric See Remarks Lease Considered YN No Sewer Public Sewer Tax Annual Amount 0 Tenant Pays Common Area MaintenanceElectricityHeatInsuranceJanitorial ServiceSee RemarksTaxesTrash CollectionWater Utilities See Remarks Water Source Public Zoning Description C-Pud2

    Listing information © 2021 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Mark Lynch of Skogman Realty.
    © 2021 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. 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 Graf Home Selling Team & Associates. Data last updated: 2021-09-26T23:42:26.32.
     
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    The Graf Home Selling Team & Associates
    1190 Twixt Town Rd NE
    Cedar Rapids IA, 52402