Customizable Office Space in
2854 Coral Ct Coralville, IA
2854 Coral Ct, Coralville, IA, 00000
Contact for pricing
For Sale
Contact for pricing
Up to 5,700 SF of customizable office space for lease.
Property Size5,704 SF
Lot Size3.02 Acres
Price / SF$271.74
Days on Market277
Property Features for 2854 Coral Ct
General Information
- Standard status
- Active
- Size
- 5,704 SF
- Lot size
- 3.02 Acres
- Property subtype
- OFFICE
Listing Agency
GLD Commercial
(319) 731-3409
Listed by
Angie Glick
Source
Moodyscre
Added: Oct 14, 2025 Checked: Jul 16 at 6:25 am
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
Investment Insights
Based on property information with market context.
Located in Coralville, this property offers up to 5,700 square feet of customizable office space available for lease. The space can be subdivided to accommodate multiple tenants. It is delivered as a vanilla shell, fully insulated and drywalled, and plumbed for four restrooms with framed walls. A competitive rental rate is offered, and tenant improvement allowance is negotiable based on the tenant and lease term. With much of the infrastructure already completed, a short turnaround to occupancy is possible. The adjacent lot can also be purchased, or the entire building can be acquired for an owner-user or investor seeking a flexible opportunity in a strong Coralville location. The property is located on Coral Ridge Avenue to Coral Ct. The rental rate is attractive for office and medical tenants.
Key Highlights
- Customizable office space up to 5,700 sq ft, suitable for multiple tenants
- Competitive rental rate and negotiable tenant improvement allowance
- Vanilla shell delivery with insulation, drywall, and plumbing for four restrooms
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 | $102.7k | $18.00 |
| − Vacancy | −$15.4k | −$2.70 |
| EGI | $87.3k | $15.30 |
| − OpEx | −$21.8k | −$3.82 |
| NOI | $65.5k | $11.48 |
5,704 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$935.0K
$818.2K – $1.09M
NOI $65,453 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,737 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Up to 5,700 SF of customizable office space for lease.
Where is this office units located?
The property is located at 2854 Coral Ct Coralville, IA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Customizable office space up to 5,700 sq ft, suitable for multiple tenants; Competitive rental rate and negotiable tenant improvement allowance; Vanilla shell delivery with insulation, drywall, and plumbing for four restrooms
