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    OFF-MARKET
    Medical Office Space

    1100 6th Stb-1, Coralville, IA 52241-1755

    2,168 SF 0.11 ac lot Built 2000
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US25-0349154
    Property summary
    AI-generated overview

    This exceptional 2,400 square foot executive office suite, located in a high-quality medical building in the heart of Coralville, Iowa, presents a fantastic opportunity. Built in 2000, this single-tenant space boasts six private offices, a welcoming reception area, a convenient restroom, and a fully equipped kitchenette. The suite is ideally situated near a variety of amenities, including restaurants, grocery stores, and a shopping mall, ensuring convenience for both employees and clients. Ample parking is available directly in front of the building, and the property is meticulously maintained, reflecting a commitment to quality and professionalism. The property is zoned C3 and has an APN of 1006420003 within Johnson County. The current lease is a sublease, offering a flexible term extending through June 30th, 2026, with options for extension. The base rent is $16.00 per square foot, with operating expenses (OPEX) estimated at approximately $7.93 per square foot, resulting in an approximate monthly rent of $4,786. Any prospective subtenant will require landlord approval. This turnkey solution offers immediate occupancy and a prime location for businesses seeking a sophisticated and functional workspace.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2000
    Total area 2,168 SF
    Lot 0.11 ac (4,866 SF)
    APN 1006420007
    UPID US25-0349154
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    WELANDER PROPERTIES, LLC
    WELANDER PROPERTIES, LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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