903 Quarry Road Coralville, IA 52241
Former brewery space includes a restaurant and taproom with an outdoor patio and rear dock-high loading door.
- Added:
- Jul 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 11 at 2:31 am
Property Features for 903 Quarry Road
General Information
- Standard status
- Active
- Size
- 14,835 SF
- Property subtype
- Retail, Mixed Use
Building Details
- Year Built
- 2012
Listing office Lepic-Kroeger, REALTORS
Listing date Jul 9, 2026
Source Crexi
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 Lepic-Kroeger, REALTORS
Investment Insights
Based on property information with market context.
The property is located in Iowa River Landing in Coralville, a mixed-use destination anchored by Xtream Arena, University of Iowa Health Care clinical facilities, major hotels, offices, and national retailers including Von Maur, Lululemon, J.Jill, Ethan Allen, Active Endeavors, and Trader Joe’s. Convenient public parking is available in the City parking ramp immediately to the east.
In addition, an approximately 0.35-acre parcel directly north of the building may be available, offering potential for expansion, surface parking, or outdoor amenities.
Key Highlights
- Nearly 15,000 SF former brewery built in 2012, located in Iowa River Landing mixed‑use development
- Approx. 2,500 SF configured as a restaurant and taproom
- Large outdoor patio adjacent to Hyatt Regency Coralville Hotel & Conference Center
Local Financial Insights For Specialty Retail
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 | $229.6k | $15.48 |
| − Vacancy | −$19.4k | −$1.31 |
| EGI | $210.3k | $14.17 |
| − OpEx | −$52.6k | −$3.54 |
| NOI | $157.7k | $10.63 |
