2346 Mormon Trek BlvdIowaCity, IA 52246
Johnson County
Description
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.
Property Information
- Property type
- Commercial Sale
- Year built
- 1996
- Lot size
- 1.45 acres
- Lot dimensions
- Irregular
- Zoning
- CO1
- Days on market
- 85
- MLS® Listing#
- 202604338
Property Features
- Interior
- Elevator
- Cooling
- Central Air
- Heating
- Natural Gas · Forced Air
- Flooring
- Carpet · Ceramic Tile
- Construction
- Brick · Frame
- Roof
- Metal
- Utilities
- Cable Available · Electricity Available · Natural Gas Available · Sewer Available · Phone Available · Underground Utilities
- Water source
- Public
Financial Details
- Annual taxes
- $145,610Tax year 2023
- Parcel number
- 1020157004
Directions
At the intersection of Mormon Trek Blvd & West Side Dr.
Listing Courtesy: Lepic-Kroeger, REALTORS - 3193518811
Presented by: Jeff Edberg
