1275 W Highway 1 - Retail FOR SALE


Iowa City, IA 52240- Roosevelt
$2,950,000 USD
319-229-1003
1275 W Highway 1, Iowa City, IA for Sale
$2,950,000 USD
Retail - FOR SALE
1/1
null | 7.24% Cap Rate

1275 W Highway 1
Iowa City, IA 52240
Roosevelt


OVERVIEW

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: ?Retail investment property located along busy Highway 1 in Iowa City, IA ?New construction, completed in 2017 ?Close proximity to the University of Iowa ?Abundant parking and accessible via signalized intersection ?Tremendous visibility and signage opportunities 3,867 SF currently vacant.? Pricing includes a Seller leaseback of $10.00 PSF for 2 years, to be paid at closing *See OM for access to Due Diligence Documents

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

7.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

Cl-1

APN/PARCEL ID

1016365001

ASK ABOUT THIS PROPERTY

Josh SeamansCushman & Wakefield | Iowa Commercial AdvisorsMore Info
319-229-1003

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Josh SeamansCushman & Wakefield | Iowa Commercial AdvisorsMore Info
319-229-1003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.