Multi-Building Shopping
For Sale
Contact for pricing
Pending
723 725 720 Pacha Pkwy, North Liberty, IA 52317
Established commercial complex with long-term NNN leases and multiple condominium suites in an active North Liberty business area.
Property SizeContact for details
Days on Market143
Property Features for 723 725 720 Pacha Pkwy
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Cap Rate
6%
Building Details
Buildings
6
Tenancy
Multi
Listing Agency:
Urban Acres Real Estate Corridor
(319) 351-1111
Listed By:
Mike Bails · License #IA S39944
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 1:53AM
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 Urban Acres Real Estate Corridor
Investment Insights
Based on property information with market context.
Penn Landing is a shopping center comprising 6 separate buildings and 35 condominium suites governed by two condominium regimes. The buildings were constructed between 2007 and 2014, and long-term tenant leases are in place under an NNN lease structure. The property’s operating expense ratio is under 31%, with a reported 6% cap rate and 6% cash-on-cash figure.
The complex is located in North Liberty, an established neighborhood with businesses, nearby rooftops, and schools serving all grade levels. The property includes parcel numbers 0612156005-56041 and is addressed at 720, 723, and 725 Pacha Pkwy, North Liberty, IA 52317.
The complex is located in North Liberty, an established neighborhood with businesses, nearby rooftops, and schools serving all grade levels. The property includes parcel numbers 0612156005-56041 and is addressed at 720, 723, and 725 Pacha Pkwy, North Liberty, IA 52317.
Key Highlights
- 6‑building shopping center with 35 condominium suites
- Two condominium regimes are in place across the commercial complex
- Long‑term tenant leases with NNN structure
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52317, IA
22,096
Population
9,125
Households
2.4
Avg Household Size
32
Median Age
54%
College-Educated
99%
High-School Grad
34.4 sq mi
ZIP Area
642
Density / Sq Mi
$108,156
Median Household Income
$57,950
Median Earnings
$1,221
Median Rent
$314,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - Established commercial complex with long-term NNN leases and multiple condominium suites in an active North Liberty business area.
Where is this shopping center located?
The property is located at 723 725 720 Pacha Pkwy North Liberty, IA.
What are key features of this property?
This property features: 6‑building shopping center with 35 condominium suites; Two condominium regimes are in place across the commercial complex; Long‑term tenant leases with NNN structure
