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2346 Mormon Trek Blvd Iowa City, IA 52246 • Commercial - Business • Active

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Description

The Grandview Building on Mormon Trek Blvd is a class A Building with 28,545 square feet of space. It has two surface parking lots as well as underground parking. It is fully leased with a gross income of $521,019 and a net operating income of $284,880. The capitalization rate is 6.0%. The tenants include Covenant Family Solutions, Alberhasky Eye, United Iowa Financial, Lepic-Kroeger, Realtors, City Construction, Willow Creek Dentistry and Susan Mimms Financial. The total leased space is 25,246 and is fully elevator served from the lower level garage to the second floor. Specific leases and financial information are available upon the recipient signing a non-disclosure agreement, which is attached as an associated document.

Property Highlights

Property Type: Commercial - Business
Year Built: 1996
Lot Size: 1.45 acres

General Information

County: Johnson
Listed By:
Lepic-Kroeger, REALTORS Jeff Edberg 319-351-8811
ICAAR MLS
$4,750,000
Est. $31,702/mo
Active
SQUARE FEET28,545 MLS#202604338
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY

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Agent Name: Brenda Schmidt
 Agent Phone: (563) 570-1430
 Agency Title: Ruhl&Ruhl Realtors
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2346 Mormon Trek Blvd, Iowa City, IA 52246.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $4,750,000$4,750,000
Down Payment $166,250$950,000
Monthly Mortgage Amount $28,717$23,707
Taxes $6610$6610
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,850$0
Monthly Estimated Total $39,562$31,702

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/26/2026. The listing information on this page last changed on 07/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 07/26/2026 12:22:18 AM EST) or MRED MLS (last updated Sun 07/26/2026 12:18:59 AM EST) or SCWMLS (last updated Sat 07/25/2026 11:55:25 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 07/25/2026 10:18:24 PM EST) or Cedar Rapids MLS (last updated Sat 07/25/2026 10:43:48 PM EST) or NEIRBR MLS (last updated Sun 07/26/2026 12:18:40 AM EST) or ICAAR MLS (last updated Sat 07/25/2026 11:38:03 PM EST) or ECIMLS (last updated Sat 07/25/2026 11:44:33 PM EST) or RMLSA (last updated Sun 07/26/2026 12:20:56 AM EST) or Muscatine MLS (last updated Sun 07/26/2026 12:15:10 AM EST) or No Coast MLS (last updated Sun 07/26/2026 12:14:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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