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**SALE PENDING WITH CONTINGENCIES** Professional office building located in the University of Iowa Research Park. Perimeter offices, conference room, server room and bullpen - see attached floor plan. Property sits on over 4 acres of land which would allow for building and/or parking lot expansion. Currently there are 37 parking spaces. Fully paid land lease in place that expires March 1st, 2044. Lease can be renewed for two additional consecutive terms of 25 years. Research park uses include laboratories, offices, research and development facilities, light manufacturing, professional services (daycare), etc. Contact listing agent for additional information. Pass through expenses: Real Estate taxes $2.28/SF, Insurance $0.40/SF. Tenant responsible for lawncare and snow removal.
Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the l...
Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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