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    125 Burlington St Iowa City, IA 52240

    For Lease
    $22 SF/Yr

    Prime Downtown Iowa City Retail - Two Spaces Available

    Lot size:
    25,699 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Edge, a modern 7-story retail building (25,699 total square feet) constructed in 2019, offers two exceptional retail spaces in the vibrant heart of Iowa City, IA. Located at 125 E Burlington St, 52240, this property enjoys a high-traffic location directly adjacent to the University of Iowa campus. Benefit from a diverse customer base including students, university employees, daily shoppers, and residents of the on-site Edge condominiums. The building's strategic position places it in close proximity to the Old Capital Town Center and the Iowa City pedestrian mall, ensuring maximum visibility and accessibility. Two spaces are currently available, ranging from 2,602 to 4,626 square feet. One space is a first-generation shell space, offering complete customization, while the other is a turnkey second-generation space, ideal for immediate occupancy. The versatile second-generation space is suitable for a variety of uses, including restaurants, retail stores, offices, convenience stores, and health/fitness businesses. This space also offers direct access to the Element Hotel, providing additional foot traffic and potential synergies. This is a unique opportunity to establish a thriving business in a dynamic and high-demand location. Contact us today to learn more about these exceptional retail spaces.

    Property Features for 125 Burlington St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,699 SF
    Total Rate
    47114.83

    Building Details

    Year Built
    2019
    Stories
    7

    Unit(s) available at that property

    Space
    125 E Burlington St
    Size
    4,626 SF
    Rate per SF
    $22
    Space
    105 E Burlington St
    Size
    2,602 SF
    Rate per SF
    $28

    HighLights

    • 2,602 SF and 4,626 SF of available space.
    • 4,626 SF space previously occupied by Unimpaired Bar.
    • $22/SF NNN rent for 4,626 SF space.
    • $28/SF NNN rent for 2,602 SF space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Caitlin Clark Nike ... Tourist Attraction

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Dental Office Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.534125
    Latitude
    41.657463

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    FAQs

    What type of property is this?
    Individual retail property - Prime Downtown Iowa City Retail - Two Spaces Available
    Where is this individual retail property located?
    The property is located at 125 Burlington St Iowa City, IA.
    What is the lease rate?
    The lease rate is $22-$28 SF/Yr.
    What are key features of this property?
    This property features: 2,602 SF and 4,626 SF of available space.; 4,626 SF space previously occupied by Unimpaired Bar.; $22/SF NNN rent for 4,626 SF space.
    Request Owner's contact information
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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
    125 Burlington St Iowa City, IA 52240
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