2740 Stoner Ct, NorthLiberty, IA 52317

Other
THB ฿205,835
USD $6,098
Published on: 17 Oct 2024
Last updated on: 16 Jan 2025
2740 Stoner Ct, NorthLiberty, IA 52317
2740 Stoner Ct, NorthLiberty, IA 52317
2740 Stoner Ct, NorthLiberty, IA 52317
+5
2740 Stoner Ct, NorthLiberty, IA 52317
  • 5
Property ID: 110095201386
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Commercial - NorthLiberty, IA

2740 Stoner Ct, NorthLiberty, IA 52317
BUILD-TO-SUIT opportunity:  The stated price is a land lease price, but the owner is really looking for a build-to-suit and leaseback situation.  Consider a commercial / industrial building that could be leased for 10-year or more making the entire lease payment a deductible expense for the tenant/user.  The lease rate would be based on the land lease rate plus a capitalized rate of 7% of cost for the improvement.  The site is facing I-380 with 54,400 cars per day passing in front of this site.  It is served by North Liberty water and sewer with hard surfaced roads already to the site. Real estate taxes, insurance and CAM would be added to the build-to-suit monthly lease number to establish a final monthly gross lease number and a reasonable rate escalation would be built in to complete the cost compensation package.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
11,735.89 m2
Year Built
2025
Architecture Style
Other
County
Johnson
Parcel ID
0610452007
Provider
Iowa City Area Association of REALTORS®
Brokerage Office Name
Lepic-Kroeger, REALTORS
Brokerage Office Phone
(319) 351-8811
Address
2740 Stoner Ct, NorthLiberty, IA 52317
Contact Agent
Jeff Edberg
Lepic-Kroeger, REALTORS
2346 MORMON TREK BLVD, IOWA CITY, IA 52246
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Jeff Edberg
2346 MORMON TREK BLVD, IOWA CITY, IA 52246
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      Property ID: 110095201386

      Data provided by Iowa City Area Association of REALTORS®, MLS #: 202405817
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