410 Community Dr
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410 Community Dr
3,958 SF Specialty Building Offered at $950,000 at a 9.76% Cap Rate in North Liberty, IA 52317
Executive Summary
Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers:
THE OFFERING
Cushman & Wakefield Iowa Commercial Advisors is the exclusive advisor for the sale of 410 Community Drive in North Liberty, Iowa. This offering includes the car wash business in addition to the real estate. The car wash features 3 manual car wash bays and 3 touchless automatic bays. This car wash includes a vending machine and 6 vacuum stations.
LOCATION
The property is located off of Highway 965 in North Liberty near the Penn Street intersection. This intersection provides easy access to North Liberty and Coralville residents to Interstate 380. This area has experienced tremendous growth with the University of Iowa Hospitals & Clinics North Liberty Medical Campus currently under construction. Various new commercial and residential developments in the immediate proximity have drastically increased traffic count along Highway 965.
THE OFFERING
Cushman & Wakefield Iowa Commercial Advisors is the exclusive advisor for the sale of 410 Community Drive in North Liberty, Iowa. This offering includes the car wash business in addition to the real estate. The car wash features 3 manual car wash bays and 3 touchless automatic bays. This car wash includes a vending machine and 6 vacuum stations.
LOCATION
The property is located off of Highway 965 in North Liberty near the Penn Street intersection. This intersection provides easy access to North Liberty and Coralville residents to Interstate 380. This area has experienced tremendous growth with the University of Iowa Hospitals & Clinics North Liberty Medical Campus currently under construction. Various new commercial and residential developments in the immediate proximity have drastically increased traffic count along Highway 965.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $950,000 | Building Class | C |
| Price Per SF | $240 | Lot Size | 0.61 AC |
| Sale Type | Investment | Building Size | 3,958 SF |
| Cap Rate | 9.76% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2004 |
| Property Subtype | Car Wash |
| Price | $950,000 |
| Price Per SF | $240 |
| Sale Type | Investment |
| Cap Rate | 9.76% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 3,958 SF |
| No. Stories | 1 |
| Year Built | 2004 |
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Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 0612426012 | Improvements Assessment | $191,900 |
| Land Assessment | $212,600 | Total Assessment | $404,500 |
PROPERTY TAXES
Parcel Number
0612426012
Land Assessment
$212,600
Improvements Assessment
$191,900
Total Assessment
$404,500
zoning
| Zoning Code | C-1-B (Commercial, general) |
| C-1-B (Commercial, general) |
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410 Community Dr
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