Leased NNN Retail
For Sale
$4,995,000
425 E Hwy 6, Iowa City, IA 52240
CommercialSale, IowaCity, IA
Property SizeContact for details
Lot Size2.57 Acres
Days on Market10
Property Features for 425 E Hwy 6
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CC2
Interior features
ZeroStepEntry
Directions
From Hwy 6, south on Boyrum, 1st drive on the right.
Subdivision
IowaCity
Standard status
Active
APN
1015460002
Lot size
2.57 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
103166
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1980
Flooring type
Concrete
Building materials
Frame, SteelOrMetal
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Jeff Edberg · License #B33730000
(319) 331-6187
Added: Sep 30
Last Checked: Oct 9 at 10:06PM
MLS# 202605814
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.
Investment Insights
Based on property information with market context.
This 36,322-square-foot retail property in Iowa City is fully leased to Goodwill Industries and Advanced Auto Stores. The building dates to 1980 and sits on 2.57 acres. It has concrete flooring, central air, forced-air natural gas heat, and zero-step entry. The property is zoned CC2 and carries a 7.7% capitalization rate.
The site is on E Hwy 6, where the reported daily traffic count is 10,700 cars. Parking is shared with the building to the east, with approximately 125 spaces plus additional shared spaces. The property is adjacent to Waterfront Hy-Vee.
The site is on E Hwy 6, where the reported daily traffic count is 10,700 cars. Parking is shared with the building to the east, with approximately 125 spaces plus additional shared spaces. The property is adjacent to Waterfront Hy-Vee.
Key Highlights
- 36,322 SF building fully leased to Goodwill Industries and Advanced Auto Stores
- 2.57‑acre site zoned CC2
- 7.7% capitalization rate
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,071
Businesses Nearby
149k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 36%
Dining 27%
Shops & Services 23%
Home Improvements & Furnishings 8%
Hy-Vee
Groceries
48,058 visits/mo
0.2 miles
Kwik Trip
Shops & Services
25,518 visits/mo
0.3 miles
Taco Bell
Dining
16,057 visits/mo
0.4 miles
Tractor Supply Co.
Home Improvements & Furnishings
9,357 visits/mo
0.2 miles
Burger King
Dining
8,707 visits/mo
0.1 miles
Demographics for 52240, IA
34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Two established occupants lease the full building, with shared parking serving the site.
Where is this nnn property located?
The property is located at 425 E Hwy 6 Iowa City, IA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 36,322 SF building fully leased to Goodwill Industries and Advanced Auto Stores; 2.57‑acre site zoned CC2; 7.7% capitalization rate
