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Property profile

580 Madison Ave North Liberty, IA 52317

OFF-MARKET
Retail properties & Spaces
View Sample
2,000 SF Built 2002

Property summary

AI-generated overview

This exceptional 2,000-square-foot executive office space in North Liberty, Iowa, is available for lease. Located at 580 N Madison Ave, this 2002-built property boasts a desirable C-1-B zoning. The unit features abundant natural light from large front windows, ideal for retail display or office ambiance. The interior currently includes a waiting room, garage, storage area, additional office space, and a bathroom, along with a sizable mezzanine for extra storage. A 14-foot-tall garage door provides convenient access to the large garage storage area. Electrical is already installed on the exterior wall for easy sign installation. The property offers ample parking both in front and at the rear. Situated conveniently off I-380 and Penn Street, this location provides easy access to I-80 and surrounding communities. The building is part of a business park with established businesses including a chiropractor, medical supply company, and data security firm. The base rent is $8.75 per square foot, with an estimated $4.33 per square foot in NNN charges, resulting in an approximate monthly lease rate of $2,180. Square footage is approximate, based on assessor's data. APN: 0611339002.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2002
Total area 2,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Home Health Care Service Medical Equipment Supplier
  • Alternative Medicine Practice
  • Hotel & Motel Resort
  • Counselor

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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