723, 725, 720 Pacha Pkwy, North Liberty

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Lease Price $0.00 ▪ MLS: 202300418

Penn Landing is for sale. For the Qualified Buyer, there is additional information available. Long term tenant leases in place. The commercial complex has two condominium regimes in place. There are 6 separate Buildings, 35 Condo Suites, Parcel Numbers are 0612156005-56041. Operating Expense Ratio is under 31% and Cap rate is at 6% Cash on Cash is 6%. Property Taxes are $249,980.(based on 2021 evaluations) CAM is currently at $95,628.00. Years built range from 2007-2014. Lease type: NNN The NNN will be update when numbers become available.

      
Directions: Hwy 965 N on the North East Corner of Penn Street and Hwy 965 in North Liberty. From I-380 travel East on Penn St. turn Left or North on Hwy 965. Entrance to Penn Landing is at the first light. Or first left of Penn after the light.

Property Details

MLS #: 202300418
Lease Price: $0.00
Year Built: 20092014
Sq Ft: 59902
Business: Educational, Medical Dental, Office Building, Recreation/Resort, Retail Store, Other
Construction: Brick, Frame
Floor Type: Concrete Slab/Grade
Financing: Cash
Utilities: Cable TV, Electricity, Natural Gas, Telephone, Underground Utilities, Water-City
Acreage: 10.86
Lot: Irreg
Frontage: Pavement, State Highway, US Highway
Energy Generation: Forced Air
Heat/Cooling: Central A/C

Information deemed reliable but not guaranteed


Who To Contact

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Coldwell Banker Real Estate Professionals

319-351-3355
 
info@cbrep.com


 Listing Office: Urban Acres Real Estate - Agent: Peggy Slaughter ▪ Information furnished by Iowa City Area Association of Realtors MLS