2545 N Dodge St, Iowa City, IA 52245
A flexible medical office suite with abundant windows, finished restrooms, and space already configured for two areas.
- Added:
- May 4, 2026
- Days on Market:
- 64
- Last Refresh:
- Jul 5 at 2:27 am
Property Features for 2545 N Dodge St
General Information
- Standard status
- Active
- Size
- 5,060 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2016
Listing office SKOGMAN REALTY (319) 540-1281
Listing date May 4, 2026
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 SKOGMAN REALTY
HighLights
- 5,060 SF medical office suite built in 2016, offered for sale or lease
- Currently configured as two areas: approx 3,450 SF and 1,610 SF
- Blank‑slate condition with duct work distributed and sprinkler heads turned down
- 2 shared restrooms are finished in the suite, with zero‑step entry and elevator access
- County road, paved frontage with abundant windows and ample on‑site parking; roughly 10k cars per day on N Dodge
- Base rent plus approx NNN charges: $8,947.77 per month gross (lease details referenced in remarks)
Overview
Located at 2545 N Dodge St in Iowa City, the space benefits from abundant windows and ample parking for patient and customer access. The property also offers a signage opportunity along N Dodge, where the remarks indicate roughly 10k cars per day. The building’s neighboring tenants include Caravel Autism Health, Cardio Diagnostics, Larew Internal Medicine, and Jimmy Johns, which can support a steady mix of professional and community-oriented traffic.
For buyers or operators looking for an adaptable office footprint, the existing restroom buildout and the ability to work within a two-suite configuration make this suite practical for a range of medical and office uses. The distributed mechanical and turned-down sprinkler heads can help streamline planning for a modern interior layout while maintaining the building’s safety system requirements.
Local Financial Insights For Healthcare Medical
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 | $111.1k | $21.96 |
| − Vacancy | −$11.1k | −$2.20 |
| EGI | $100.0k | $19.76 |
| − OpEx | −$40.0k | −$7.91 |
| NOI | $60.0k | $11.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Iowa City
- County
- Johnson
- State
- Iowa
- Longitude
- -91.4961307
- Latitude
- 41.6897731
