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622 1st Avenue Ave 1,500 - 4,032 SF of Retail Space Available in Coralville, IA 52241
Highlights
- Amenities: On Bus Line
- Multiple national retailers in the surrounding area
- Adjacent to the Iowa River Landing
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500-4,032 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Located in-line with other retail
- High End Trophy Space
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 | 4,032 SF | Gross Leasable Area | 5,338 SF |
| Min. Divisible | 1,500 SF | Construction Status | Proposed |
| Property Type | Retail |
| Total Space Available | 4,032 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,338 SF |
| Construction Status | Proposed |
About the Property
Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: 622 1st Ave, Coralville, IA 52241 Situated on a 1.1 AC lot is a planned 5,338 SF multi-tenant building. This location is in a prime area and diagonal to Iowa River Landing, a highly frequented mixed-use neighborhood and shopping center. 4,032 SF are still available with a portion pending to a national retailer. Many other national retailers are in the surrounding area, such as Trader Joes, a future Chick-fil-A, McDonald's, Scooter's, and more. This location is also neighbored by The Banks student living, a University of Iowa Hospital, and multiple hotels. Contact the listing agents for details on availability, rates, and demised options.
Nearby Major Retailers
Contacts
-
Ryan Fitzpatrick -
Parker Ridge -
Cushman & Wakefield | Iowa Commercial Advisors
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622 1st Avenue Ave
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