Sale Price $4,750,000 - MLS: 202604338
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.
MLS #: 202604338
Sale Price: $4,750,000
Year Built: 1996
Sq Ft: 28545.0
Business: Medical Or Dental, Office Building
Construction: Brick, Frame
Floor Type: Carpet, Ceramic Tile
Financing:
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities, City Water
Acreage: 1.45
Lot: Irregular
Frontage: County Road, Paved, Highway
Energy Generation:
Heat/Cooling: Natural Gas, Forced Air, Central Air
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Lepic-Kroeger, REALTORS - Agent: Jeff Edberg - Information furnished by Iowa City Area Association of Realtors