Sale Price $5,100,000 - MLS: 202604991
72,000 warehouse with 33,500 SF leased at $5.00 PSF/YR NNN. Taxes are $1.13 per SF/YR, Insurance is estimated to be $0.25 SF/YR and CAM is performed directly by the tenant. When the remaining vacant space of 38,500 SF is leased, the CAP rate will be 7% per year. There are 2 doc doors with levelers, 2 OH doors with 23' eave height and floors are 5" reinforced concrete. The property is located on 4.36 acres with ample truck turn space and additional employee parking. All lighting has just been upgraded to LED warehouse lights.
MLS #: 202604991
Sale Price: $5,100,000
Year Built: 1997
Sq Ft: 72000.0
Business: Building Supplies, Industrial, Manufacturing, Warehouse, Wholesale, Other
Construction: Steel Or Metal
Floor Type: Reinforced Concrete
Financing:
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water
Acreage: 4.36
Lot: Irregular
Frontage: County Road, Paved
Energy Generation:
Heat/Cooling: Natural Gas, Other, Whole House Fan, Office Area Only
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