723 Pacha PkwyNorth Liberty, IA 52317

Property Details for 723 Pacha Pkwy

Year built

2012

Construction

STEEL FRAME

Lot size

0.03 AC

Property size (Sq ft)

1,444 SF

Property type

Retail properties

Property subtype

Retail space

APN

612156005

APU

612156005

Description

This exceptional retail investment opportunity encompasses a 59,902 square foot commercial complex situated at 723, 725, and 720 Pacha Pkwy in North Liberty, Iowa, zip code 52317, within Johnson County. The property consists of six separate buildings housing 35 condo suites, operating under two condominium regimes. Parcel numbers are 0612156005-56041. Buildings were constructed between 2007 and 2014. The property is currently leased to multiple tenants under NNN leases, offering long-term stability. The complex benefits from a strong location in an established neighborhood with numerous existing businesses, schools, and residential areas, including over 200 new homes and 30 new businesses in the immediate vicinity. Financial highlights include an operating expense ratio under 31%, a 6% cap rate, and a 6% cash-on-cash return. Property taxes (based on 2021 evaluations) totaled $249,980, and CAM charges currently stand at $95,628.00. The property's diverse tenant mix includes bars, restaurants, and storefronts. A minimum 48-hour notice is required for showings to accommodate tenant schedules. Further financial details are available upon request for qualified buyers.

Location Insight

City

North Liberty

County

Johnson

State

Iowa

Latitude

41.7542

Longitude

-91.6068

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.