2535 MAPLECREST Road  Bettendorf IA 52722

2535 MAPLECREST Road Bettendorf, IA 52722

For Sale
2535 MAPLECREST Road
Bettendorf, IA 52722
Price: $6,695,000
Type: Commercial Sale Commercial
Lot Size (Acres): 12.59
Agent: Richard Schaefer
Agent Phone: 563-355-4000
Agent Email: rschaefer@ruhlcommercial.com
Broker: NAI Ruhl Commercial Company
Broker Phone: 563-355-4000

2-Story medical office building situated on 12.59 acre site in the heart of Bettendorf, Iowa. Building totals approx. 56,000 sf on two floors and finished and occupied lower level. +/- 42,400 SF occupied (76%) and 13,600 SF vacant (24%) vacant. Estimated proforma NOI of $515,800 (8% cap rate). Two elevators, full sprinkler system, back up power generation, ample parking, additional land for expansion or future development. Currently property partially exempt of RE taxes. Owner desires to sell the asset and lease back to its related entities on net basis a significant portion of the building on mutually acceptable terms.