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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.

Agent Description

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

1996

Monthly Cost Estimate

$25,404/mo

20% down · 6.5% · 30 years

Principal$3,435
Interest$20,583
Insurance$1,385

Estimates only. Actual payments may vary.

Location

2346 Mormon Trek Blvd

IowaCity, IA 52246

Features & Amenities

Interior Features

ElevatorZerostepentry

Property Details

Flooring

CarpetTile

Construction

BrickFrame

Heating

Forced AirNatural Gas

Cooling

Central Air

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.

JE

Jeff Edberg

Agent at Lepic-Kroeger, REALTORS

(319) 331-6187

Listed by Lepic-Kroeger, REALTORS · View on Broker Site

MLS# 202600276· Source: listhub· Updated 91 days ago

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2346 Mormon Trek Blvd, IowaCity, IA 52246

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