200 Greenfield Dr, Tiffin, IA 52340
Like-new flex space with two 14' overhead doors and radiant heat, currently leased through January 2027.
- Added:
- Aug 20, 2025
- Days on Market:
- 317
- Last Refresh:
- Jul 1 at 4:35 am
Property Features for 200 Greenfield Dr
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2022
Listing office GLD Commercial Real Estate Advisors (319) 981-2378
Listing date Aug 20, 2025
Source Pinnaclerealtyia
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of GLD Commercial Real Estate Advisors
HighLights
- Like‑new commercial flex space built in 2022, leased for $2,950/mo gross through January 2027
- Direct access off I‑80 with county road frontage and paved road frontage
- Two 14' overhead doors with 16' side walls
- ADA restroom plus floor drain and radiant heat
- 200 amp electrical panel and reinforced concrete flooring
- Zero‑step entry for accessibility
Overview
The property is located right off of I-80 for straightforward access, supporting efficient arrival and movement for employees and deliveries.
The site is being marketed as a leased investment opportunity, with current rent set at $2,950 per month gross through January 2027. For tenants or owner-users, the features—overhead doors, radiant heat, ADA restroom, floor drain, and electric capacity—may support a range of light industrial, flex, and small operational needs, while the existing lease provides near-term occupancy continuity for the buyer.
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 | $45.4k | $18.00 |
| − Vacancy | −$6.8k | −$2.70 |
| EGI | $38.6k | $15.30 |
| − OpEx | −$9.6k | −$3.82 |
| NOI | $28.9k | $11.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tiffin
- County
- Johnson
- State
- Iowa
- Longitude
- -91.6682364
- Latitude
- 41.687626
