This is a fully leased medical office building that was first leased on April 1, 2018. There is a total of 7,736 leased space on the first and second floors configured as reception, office, and medical procedure areas. There is an additional 1,455 square feet in the lower… Read More level that is configured for storage and break room for employees. The entire suite was improved by the tenant without any amortization of TIs in the lease, so the Tenant has a large investment in the space. The finishes are high end and in excellent condition. This property is part of an office condo (HPR-Horizontal Property Regime) that has recently been divided and resurveyed. The divided portion was sold to an investor and the resurvey resulted in 7823 upper-level feet and 1801 basement feet. The lease precedes the HPR, so it is the ruling document with regard to leasable and usable square feet. See full comments in Assoc Docs. Read Less
Courtesy of Lepic-Kroeger, REALTORS, 319-351-8811
Listing Snapshot
Days Online
87
Last Updated
Property Type
Commercial
Lot Size
0.22 Acres
Year Built
1998
MLS Number
202501200
30 Days Snapshot Of 52241
$390k
-11%
(avg) sold price
27
+35%
homes sold
92
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1998, Construction Materials: "Brick", "Frame"
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