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Best Buy 1431 Coral Ridge Ave

38,007 SF Retail Building Coralville, IA 52241 £5,955,389 (£157/SF) 7% Net Initial Yield

Investment Highlights

  • Recently Extended, No Options Remaining
  • National Tenant Mix
  • Excellent Retail Corridor
  • Investment Grade Tenancy
  • Expansive Trade Area with Strong Demographic Makeup
  • High Traffic Location with Proximity to Iowa City

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
38,007 SF
Building Class
B
Year Built
1998
Price
£5,955,389
Price Per SF
£157
Net Initial Yield
7%
NOI
£416,875
Tenancy
Single
Number of Floors
1
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial

Amenities

  • Signage

Links

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1431 Coral Ridge Ave, Coralville, IA - aerial map view

Nearby Major Retailers

Buffalo Wild Wings
Chicken Salad Chick
Texas Roadhouse
Starbucks
Sarku Japan
Noodles & Company
Boston Pizza
Pancheros Mexican Grill
Huhot Mongolian Grill
Olive Garden

PROPERTY TAXES

Parcel Number 0636402002 Improvements Assessment £817,483
Land Assessment £1,738,587 Total Assessment £2,556,070

PROPERTY TAXES

Parcel Number
0636402002
Land Assessment
£1,738,587
Improvements Assessment
£817,483
Total Assessment
£2,556,070
(630) 573-7015

Contacts

  • Listing ID: 29717095

  • Date on Market: 05/10/2023

  • Last Updated:

  • Address: 1431 Coral Ridge Ave, Coralville, IA 52241

The Retail Property at 1431 Coral Ridge Ave, Coralville, IA 52241 is currently available for sale. Contact CBRE for more information.

Nearby Listings

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1431 Coral Ridge Ave, Coralville, IA for sale Primary Photo- Image 1 of 6
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1431 Coral Ridge Ave, Coralville, IA for sale Building Photo- Image 2 of 6
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1431 Coral Ridge Ave, Coralville, IA for sale Building Photo- Image 3 of 6
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1431 Coral Ridge Ave, Coralville, IA for sale Building Photo- Image 4 of 6
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1431 Coral Ridge Ave, Coralville, IA for sale Aerial- Image 5 of 6
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© 2024 CoStar Group

Best Buy | 1431 Coral Ridge Ave
(630) 573-7015 x

Best Buy | 1431 Coral Ridge Ave

1/2

Michael Kaider

(630) 573-7015

(630) 573-7015

Ryan Jensen

(515) 988-2782

(515) 988-2782

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