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2450 Oakdale Blvd and 2470 Coralville, IA 52241

For Sale
2450 Oakdale Blvd and 2470
Coralville, IA 52241
Price: $4,500,000
Type: Commercial Sale Commercial
Sqft: 62500
Agent: Jeff Edberg
Agent Phone: 319-331-6187
Agent Email: jeff@icrealestate.com
Broker: Lepic-Kroeger, REALTORS
Broker Phone: 319-351-8811
Broker Email: info@lepickroeger.com

Class A office buildings for investors or users. There are two buildings with a total of 5 floors. Each floor has 12,500 usable/rentable feet and 4 are vacant. Owner users would have up to 50,000 feet of built out office space to move into. The other floor is leased to Integrated DNA Technologies. Both buildings priced at $4,500,000, that’s only $72 per square foot. If all of the vacant space is leased to one user the discounted rate is $8.00 NNN with passthroughs at $5.57 psf. Lease rate per floor otherwise is $12 / NNN. Buildings on a land lease paid through 2/28/2044 with the University of Iowa.