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    FOR LEASE
    Retail space

    2515 Corridor Way, Coralville, IA 52241

    147,717 SF 14.14 ac lot Built 2007
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US25-2289249
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Sierra Trading Post INC · 1 yrs held
    Sierra Trading Post INC
    since 2025
    3 recorded transactions
    2025
    2025
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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