Professional office building located in the University of Iowa Research Park. Perimeter offices, conference room, server room and bullpen - see attached floor plan. Property sits on over 4 acres of land which would allow for building and/or parking lot expansion. Currently there are 37 parking spaces. Fully paid land lease in place that expires March 1st, 2044. Lease can be renewed for two additional consecutive terms of 25 years. Research park uses include laboratories, offices, research and development facilities, light manufacturing, professional services (daycare), etc. Contact listing agent for additional information. Pass through expenses: Real Estate taxes $2.28/SF, Insurance $0.40/SF. Tenant responsible for lawncare and snow removal.
Sq Ft Available
7,242 Sq. Ft.
MLS#
202401453
MLS Feed
Icaar
Sale Price
$12.50/SF
Status
Active
Property Type
Commercial Lease
Property Subtype
Office
Property Features
Lot Size:
4.48 Acres
Taxes
$17,978
Property Descriptions
Parcel#
0730330002
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water
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