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Car Wash with Absolute NNN Lease
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2651 James St, Coralville, IA 52241

A 20-year absolute NNN lease begins at close of escrow with 2.00% annual increases.

Property Size16,589 SF
Lot Size1.50 Acres
Days on Market142

Property Features for 2651 James St

General Information

Standard status Active
Size 16,589 SF
Lot size 1.50 Acres
Property subtype Special Purpose
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #BR691523000
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 2:20PM

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 Bang Realty

Investment Insights

Based on property information with market context.

This car wash property includes an estimated 16,589 square feet of rentable building area on an estimated 1.50-acre parcel. The asset is structured with a 20-year absolute triple-net lease scheduled to begin at close of escrow.

The lease provides 2.00% annual increases during the initial term and throughout each of five 5-year renewal options. The property is located at 2651 James Street in Coralville, Iowa.

Key Highlights

  • Estimated 16,589 rentable square feet of building space
  • Estimated 1.50‑acre parcel
  • 20‑year absolute triple‑net lease commencing at close of escrow

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Electrical Service Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby
275k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Apparel 26% Shops & Services 21% Hotels & Casinos 5%
Five Below Shops & Services
33,541 visits/mo 0.4 miles
JCPenney Apparel
30,295 visits/mo 0.5 miles
Olive Garden Dining
28,314 visits/mo 0.2 miles
Marshalls Apparel
25,502 visits/mo 0.4 miles
HuHot Mongolian Grill Dining
20,266 visits/mo 0.3 miles

Demographics for 52241, IA

22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Car wash - A 20-year absolute NNN lease begins at close of escrow with 2.00% annual increases.
Where is this car wash located?
The property is located at 2651 James St Coralville, IA.
What are key features of this property?
This property features: Estimated 16,589 rentable square feet of building space; Estimated 1.50‑acre parcel; 20‑year absolute triple‑net lease commencing at close of escrow
(888) 737-2264 Call to check price and availability
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