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Best Buy 1431 Coral Ridge Ave

38,007 SF Retail Building Coralville, IA 52241 $10,721,492 CAD ($282 CAD/SF) 7% Cap Rate

Investment Highlights

  • Recently Extended, No Options Remaining
  • National Tenant Mix
  • Excellent Retail Corridor
  • Investment Grade Tenancy
  • Expansive Trade Area with Strong Demographic Makeup
  • High Traffic Location with Proximity to Iowa City

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
38,007 SF
Building Class
B
Year Built
1998
Price
$10,721,492 CAD
Price Per SF
$282 CAD
Cap Rate
7%
NOI
$750,500 CAD
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
Zoning
Commercial - Commercial

Amenities

  • Signage

Nearby Major Retailers

Buffalo Wild Wings
Chicken Salad Chick
Texas Roadhouse
Starbucks
Sarku Japan
Boston Pizza
Noodles & Company
Pancheros Mexican Grill
Huhot Mongolian Grill
Olive Garden

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0636402002
Land Assessment
$3,101,951 CAD
Improvements Assessment
$1,458,536 CAD
Total Assessment
$4,560,488 CAD
  • Listing ID: 29717095

  • Date on Market: 2023-10-05

  • Last Updated:

  • Address: 1431 Coral Ridge Ave, Coralville, IA 52241

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