# 425 E Hwy 6, IowaCity, IA 52240

> **TL;DR:** commercial, $5,500,000, built 1980. Est. $23,833/mo. Listed 121 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,500,000 |
| Year Built | 1980 |
| Lot Size | 111,949 sqft (2.57 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 121 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $23,833 |
| **Total** | **$23,833** |

## Property Highlights

- Built in 1980
- 2.57 acre lot

## Description

### Agent Description
Prominent leased investment with Goodwill Industries and Advanced Auto Stores adjacent to the Waterfront Hy Vee in Iowa City.  Advanced Auto has occupied the 8086 SF suite since 1997, and Goodwill Industries has occupied a portion of the current 28,277 SF suite since 1967 and has expanded into the full space in 2021.  Both tenants have been long-term, stable tenants and occupy the entire 36,322 SF.  The lease rates are quite reasonable at $11.17 NNN for Advanced Auto Parts and $12.00 NNN for Goodwill.  This represents a 7.0 Capitalization Rate with increases as time goes by. See attached pro-forma for details. Traffic counts on Hwy 6 are 10,700 cars daily.  Parking lot is shared with the facing building to the east, providing approximately 125 parking spaces, plus the shared spaces.

## Location

- **Address:** 425 E Hwy 6, IowaCity, IA 52240
- **County:** Johnson
- **Coordinates:** 41.644347, -91.530164
- **Google Maps:** https://www.google.com/maps?q=41.644347,-91.530164

## Listing Agent

- **Name:** Jeff Edberg
- **Brokerage:** Lepic-Kroeger, REALTORS
- **Phone:** 3193316187
- **Email:** jeff@icrealestate.com

## Primary Photo

![425 E Hwy 6 - Primary Photo](http://lh.rdcpix.com/0de88112ca5baea48d9ded780f394dc8l-f293763157r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/425-e-hwy-6-iowacity-ia-52240-02507280)*

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**MLS#:** 202507280 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/425-e-hwy-6-iowacity-ia-52240-02507280)

---

## Structured Data

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  "name": "425 E Hwy 6, IowaCity, IA 52240",
  "description": "Prominent leased investment with Goodwill Industries and Advanced Auto Stores adjacent to the Waterfront Hy Vee in Iowa City.  Advanced Auto has occupied the 8086 SF suite since 1997, and Goodwill Industries has occupied a portion of the current 28,277 SF suite since 1967 and has expanded into the full space in 2021.  Both tenants have been long-term, stable tenants and occupy the entire 36,322 SF.  The lease rates are quite reasonable at $11.17 NNN for Advanced Auto Parts and $12.00 NNN for Goo",
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