2239 Heinz Rd
Iowa City, IA 52240

$5,100,000

  • 72,000
    Square Feet

72,000 warehouse with 33,500 SF leased at $5.00 PSF/YR NNN. Taxes are $1.13 per SF/YR, Insurance is estimated to be $0.25 SF/YR and CAM is performed directly by the tenant. When the remaining vacant space of 38,500 SF is leased, the CAP rate will be 7% per year. There are 2 doc doors with levelers, 2 OH doors with 23' eave height and floors are 5" reinforced concrete. The property is located on 4.36 acres with ample truck turn space and additional employee parking. All lighting has just been upgraded to LED warehouse lights.

Property Highlights

  • Cooling

    Fans, Offc Area Only

  • Flooring

    Reinforced Concrete

  • Heating

    Gas, Other

  • Taxes

    $81,370 Taxes

  • Year Built

    Built in 1997

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