1100 6th St, Coralville, IA 52241
COMMERCIAL - Coralville, IA
- Added:
- Apr 13, 2026
- Days on Market:
- 81
- Last Refresh:
- Jul 2 at 9:06 am
Property Features for 1100 6th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 1006420007
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6
Utilities
- Heating system
- Central, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2000
- Flooring type
- Carpet
- Building materials
- Brick
- Roof type
- Composition
Listing agent Monica Hayes (319) 325-8659
Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD SUITE #2000, Iowa City, IA (319) 351-8811
Listing date Apr 13, 2026
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
The property is listed for sale in a commercial setting and includes front of building parking. The current NNN tenant is in place through 6/30/2030 and includes options to renew.
For investors or business owners seeking an occupied, low-management configuration, the suite provides a functional office layout alongside ongoing tenant occupancy. The tenant pays $2,800 per month plus all NNN fees, supporting a straightforward operating model for an NNN asset.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Coralville
- County
- Johnson
- State
- Iowa
- Longitude
- -91.579451
- Latitude
- 41.676396
