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About This Home
This 0-bedroom, 0-bathroom commercial at 2346 Mormon Trek Blvd in IowaCity, IA is listed for $4,750,000. Built in 1996, on a 1.45 acres lot.
The Grandview Building on Mormon Trek Blvd is a class A Building with 28,545 square feet of space. It has two surface parking lots as well as underground parking. It is fully leased with a gross income of $521,019 and a net operating income of $284,880.
The capitalization rate is 6.0%. The tenants include Covenant Family Solutions, Alberhasky Eye, United Iowa Financial, Lepic-Kroeger, Realtors, City Construction, Willow Creek Dentistry and Susan Mimms Financial. The total leased space is 25,246 and is fully elevator served from the lower level garage to the second floor. Specific leases and financial information are available upon the recipient signing a non-disclosure agreement, which is attached as an associated document.
Key Features
- Built in 1996
- 1.45 acre lot
Property Details
Monthly Cost Estimate
$25,404/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2346 Mormon Trek Blvd
IowaCity, IA 52246
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2346 Mormon Trek Blvd is listed at $4,750,000. The estimated monthly payment is $20,583 based on 20% down at 6.5% interest.
Key features include: Built in 1996, 1.45 acre lot. Interior Features: Elevator, Zerostepentry.
This property is listed by Jeff Edberg and can be reached at 3193316187 or jeff@icrealestate.com.





