Listing Courtesy of: Jeff Edberg - Lepic-Kroeger, REALTORS

97 Commercial Dr Iowa City, IA 52246

General Commercial Residence
Beds
Baths
Sq. Ft.
0.44 Acre Lot

Property Overview

Time on Site
days
Days on Market
Views
Saves
Reduced with aggressive Seller-bring your offer! Leased investment with long term, quality tenant in place. Current term ends on 12-31-2023 with three 2-year options to renew with CPI adjustments. Building is 6,000 feet with approx. 1,200 feet of office and the balance in warehouse/storage/product...ion. Three doc doors and one OH door. Full HVAC in office space, radiant heat in warehouse area. Above ground gas storage and pump for tenant fleet. 7.1% cap rate investment return. Continue reading
MLS#
202100356
Property Type
General Commercial
Year Built
1988
Lot Size
0.44

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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More
Listing Courtesy of: Jeff Edberg - Lepic-Kroeger, REALTORS
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, albertw.page@xome.com, 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

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