Coralville Commercial Suite For
1100 6th St, Coralville, IA 52241
- Added:
- Apr 13, 2026
- Days on Market:
- 49
- Last Refresh:
- May 31 at 8:06 am
Property Features for 1100 6th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 1006420007
- Size
- 2,168 SF
Taxes and HOA fees
- Tax Annual Amount
- 5.75
Utilities
- Heating system
- Central, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2000
- Flooring type
- Carpet
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent Monica Hayes (319) 325-8659
Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD, Iowa City, IA (319) 351-8811
Listing date Apr 13, 2026
MLS# 202602429
Listing URL
Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- NNN tenant in place until 6/30/2030 with options to renew, providing immediate passive income.
- Desirable Coralville location with easy access to shopping, dining, and everyday conveniences.
- Functional 2,168 SF layout with five offices, reception area, kitchenette, copier/storage room, and restroom.
- First floor unit with direct access from building entrance.
- Tenant pays $2800/mo + all NNN fees.
- Well‑maintained building and grounds with front of building parking.
Overview
This 2,168 SF suite is located in Coralville. The property features a functional layout that includes five offices, a reception area, a kitchenette, a copier/storage room, and a restroom. It is a first-floor unit with direct access from the building entrance. The location provides access to shopping, dining, and everyday conveniences. Front-of-building parking is available. The building and grounds are consistently maintained. A NNN tenant is in place until 6/30/2030 with options to renew.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.0k | $18.00 |
| − Vacancy | −$5.9k | −$2.70 |
| EGI | $33.2k | $15.30 |
| − OpEx | −$8.3k | −$3.82 |
| NOI | $24.9k | $11.48 |
2,168 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$355.4K
$311.0K – $414.6K
NOI $24,878 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$471.0K
$412.1K – $549.5K
NOI $32,967 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Coralville
- County
- Johnson
- State
- Iowa
- Longitude
- -91.579451
- Latitude
- 41.676396
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - 2,168 SF suite with NNN tenant in place.
Where is this office units located?
The property is located at 1100 6th St Coralville, IA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: NNN tenant in place until 6/30/2030 with options to renew, providing immediate passive income.; Desirable Coralville location with easy access to shopping, dining, and everyday conveniences.; Functional 2,168 SF layout with five offices, reception area, kitchenette, copier/storage room, and restroom.
