1275 W Highway 1
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1275 W Highway 1
12,517 SF 100% Leased Retail Building Iowa City, IA 52240 $4,235,875 CAD ($338.41 CAD/SF) 7.24% Cap Rate
EXECUTIVE SUMMARY
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
?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
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
12,517 SF
Building Class
B
Year Built
2017
Price
$4,235,875 CAD
Price Per SF
$338.41 CAD
Cap Rate
7.24%
NOI
$306,632 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
2.32 AC
Zoning
Cl-1 - Commercial
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 1,500-3,867 SF
- Retail
- End Cap
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,500-3,867 SF | Retail | End Cap | 30 Days |
1st Floor
| Size |
| 1,500-3,867 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1016365001 | Improvements Assessment | $2,380,488 CAD |
| Land Assessment | $976,568 CAD | Total Assessment | $3,357,055 CAD |
PROPERTY TAXES
Parcel Number
1016365001
Land Assessment
$976,568 CAD
Improvements Assessment
$2,380,488 CAD
Total Assessment
$3,357,055 CAD
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1275 W Highway 1
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.