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Restaurant with Private Dining

725 Mormon Trek Blvd, Iowa City, IA 52246

For Lease
$17 SF/Yr

Restaurant space offers a substantial kitchen, flexible dining areas, and the option to lease on-site furniture, fixtures, and equipment.

Space SizeContact for details
Days on Market1008

Property Features for 725 Mormon Trek Blvd

General Information

Standard status Active
Zoning Neighborhood Commercial

Space & Availability

Space Use Restaurant
Furnished Yes

Restaurant

Patio Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $4

Building Details

Year Built 1997
Listing Agency: Blank & McCune Real Estate
Listed By: Teresa Morrow · License IA B35393000
Source: Kalonarealty
Added: Feb 7, 2024 Changed: Nov 9 Last Checked: Nov 9 at 8:37PM

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 Blank & McCune Real Estate

Rey
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Investment Insights

Based on property information with market context.

Restaurant space at Walden Square includes a large kitchen, an open dining room, and separate private areas. Seating accommodates 85 indoors and up to 13 outdoors. Furniture, fixtures, and equipment currently on site may be included in the lease; those items are offered without warranty. The building dates to 1997, and parking is available at no charge.

The property is on Mormon Trek Boulevard in Iowa City, near West High and University of Iowa sports venues. Neighboring businesses include Fareway Foods, Green State Credit Union, Hartig Drug, Java House, Heirloom Salads, UI Quick Care, and Cost Cutters.

Key Highlights

  • Dining capacity for 85 indoors and up to 13 outside
  • Large kitchen, open dining room, and separate private areas
  • On‑site furniture, fixtures, and equipment may be included in the lease, without warranty

Property Analytics

Current Use

Tequila Grill Iowa ... Restaurant Thai Spice Noodle ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Building Supply

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

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 85% Dining 7% Beauty & Spa 5% Shops & Services 4%
Fareway Groceries
13,806 visits/mo 0.1 miles
Thai Spice Dining
1,079 visits/mo 0.0 miles
Cost Cutters Beauty & Spa
783 visits/mo 0.0 miles
Kum & Go Shops & Services
577 visits/mo 0.2 miles

Demographics for 52246, IA

22,829
Population
10,627
Households
2.1
Avg Household Size
29
Median Age
67%
College-Educated
95%
High-School Grad
16.7 sq mi
ZIP Area
1,367
Density / Sq Mi
$55,088
Median Household Income
$28,598
Median Earnings
$1,049
Median Rent
$327,100
Median Home Value

Market

Lease Benchmarks for Iowa City, IA

$17.17 /SF/Yr
Avg Asking Price
$14–$22 /SF/Yr
Price Range
3,275 SF
Avg Space Size

This space is priced 1% below the average of $17.17 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space offers a substantial kitchen, flexible dining areas, and the option to lease on-site furniture, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 725 Mormon Trek Blvd Iowa City, IA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Dining capacity for 85 indoors and up to 13 outside; Large kitchen, open dining room, and separate private areas; On‑site furniture, fixtures, and equipment may be included in the lease, without warranty
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