|
|
2211 2nd St / Coralville, IA 2211 2nd St 53,412 SF of Retail Space Available in Coralville, IA 52241
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 53,412 SF | Negotiable | $9.50 /SF/YR $0.79 /SF/MO $102.26 /m²/YR $8.52 /m²/MO $42,285 /MO $507,414 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 53,412 SF | Gross Leasable Area | 76,717 SF |
| Property Type | Retail | Year Built | 1981 |
| Property Subtype | Freestanding | Parking Ratio | 4.92/1,000 SF |
| Total Space Available | 53,412 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 76,717 SF |
| Year Built | 1981 |
| Parking Ratio | 4.92/1,000 SF |
ABOUT THE PROPERTY
Cushman & Wakefield Exclusively Offers: • Located on the corner of 2nd St / HWY 6 and 22nd Ave, in the heart of the Coralville retail district • Just East of Coral Ridge Mall, Eastern Iowa’s premier retail shopping center with over 10 million visitors per year • Property can be subdivided, reach out to listing agents for additional pricing details • Trade area anchored by recently remodeled Hy-Vee Grocery Store • Parking Ratio: 4.86:1,000 • 18’ clear height • Available January 2021
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| 9th St | Oakleaf St, E | 2,042 | 2018 | 0.07 mi |
| 23rd Ave | 2nd St, SW | 1,989 | 2018 | 0.10 mi |
| 22nd Ave | 9th St, N | 4,109 | 2022 | 0.10 mi |
| 2nd St | 23rd Ave, SE | 21,754 | 2022 | 0.14 mi |
| 2nd St | Camp Cardinal Blvd, SE | 21,324 | 2022 | 0.14 mi |
| 22nd Ave | 10th StPl, N | 3,756 | 2022 | 0.18 mi |
| 2nd St | 25th Ave, NW | 16,438 | 2022 | 0.24 mi |
| US 6 | 25th Ave, NW | 10,949 | 2020 | 0.24 mi |
| Camp Cardinal Blvd | James St, SW | 4,577 | 2022 | 0.24 mi |
| 22nd Ave | 10th StPl, S | 2,474 | 2022 | 0.26 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Retail Perspective
Primary Photo
Building Photo
Interior Photo
Interior Photo
Interior Photo
Interior Photo