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723, 725, 720 Pacha Pkwy 710, 650, 620 North Liberty, IA 52317

For Rent
723, 725, 720 Pacha Pkwy 710, 650, 620
North Liberty IA, 52317
Price: $11,900,000
Type: Commercial
Sqft: 59902
Agent: Peggy Slaughter
Broker: Urban Acres Real Estate

Penn Landing is for sale. For the Qualified Buyer, there is additional information available. Long term tenant leases in place. The commercial complex has two condominium regimes in place. There are 6 separate Buildings, 35 Condo Suites, Parcel Numbers are 0612156005-56041. Operating Expense Ratio is under 31% and Cap rate is at 6% Cash on Cash is 6%. Property Taxes are $249,980.(based on 2021 evaluations) CAM is currently at $95,628.00. Years built range from 2007-2014. Lease type: NNN