2515 Corridor Way, Coralville, IA 52241
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.