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    2515 Corridor Way Coralville, IA 52241

    Sponsored
    For Lease
    $0.00-$3 SF/Yr

    Prime Iowa retail space, multiple units available.

    Lot size:
    1,000,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at 2515 Corridor Way in Coralville, Iowa, 52241. The Coral North shopping center offers a total of 1,000,000 square feet of retail space, with multiple units currently available for lease. Individual spaces range from a minimum of 997 square feet to a maximum contiguous space of 23,000 square feet, with a total of 64,890 square feet currently vacant. This property sits on a 1.1-acre lot and benefits from excellent visibility directly off Interstate 80, a major thoroughfare with 45,000 vehicles passing daily. The strategic location within a prominent retail node, in close proximity to the Coral Ridge Mall (just south of the center), ensures high traffic volume. Coral Ridge Mall attracts over 10,000,000 visitors annually, and the combined Iowa City/Coralville trade area, boasting 500,000 residents, frequently utilizes this shopping destination. This presents a rare opportunity to secure big box retail space in a high-traffic, high-visibility location with significant potential for business growth. The property is ideal for a variety of retail uses and offers significant flexibility in terms of space requirements.

    Property Features for 2515 Corridor Way

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000,000 SF

    Unit(s) available at that property

    Space
    Suite 2
    Size
    23,028 SF
    Space
    Suite 16
    Size
    1,260 SF
    Space
    Suite 14
    Size
    1,420 SF
    Space
    Suite 10B
    Size
    1,800 SF
    Space
    Suite 15
    Size
    2,248 SF
    Space
    Ground Lease
    Size
    47,916 SF
    Rate per SF
    $3

    HighLights

    • Suite 2: 23,028 square feet of available space.
    • Suite 10B: 1,800 square feet of available space.
    • Suite 14: 1,420 square feet of available space.
    • Suite 15: 2,248 square feet of available space.
    • Suite 16: 1,260 square feet of available space.
    • Suites 14‑16 can be combined into a larger space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.6055202
    Latitude
    41.697355

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    FAQs

    What type of property is this?
    Individual retail property - Prime Iowa retail space, multiple units available.
    Where is this individual retail property located?
    The property is located at 2515 Corridor Way Coralville, IA.
    What is the lease rate?
    The lease rate is $0.00-$3 SF/Yr.
    What are key features of this property?
    This property features: Suite 2: 23,028 square feet of available space.; Suite 10B: 1,800 square feet of available space.; Suite 14: 1,420 square feet of available space.
    Request Owner's contact information
    2515 Corridor Way Coralville, IA 52241
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2515 Corridor Way Coralville, IA 52241
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