Property profile

2515 Corridor Way Coralville, IA 52241

FOR LEASE
Retail space
Property ID
US25-2289249
147,717 SF 14.14 ac lot Built 2007
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Construction STEEL FRAME
Total area 147,717 SF
Lot 14.14 ac (615,930 SF)
APN 636156001
UPID US25-2289249

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
  • (Bike/Boat/Book/etc) Store
  • Clothing Store Baby Clothing Store
  • (Bike/Boat/Book/etc) Store Pet Store & Service
  • Courier Service Postal Service
  • (Bike/Boat/Book/etc) Store Pet Store & Service

Location

2515 Corridor Way Coralville, IA 52241
Coralville metro Census 305 IOWA CITY, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.08M
Blend (final) Blend
$10.16M

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A

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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