865 Lincoln Rd | Bettendorf, IA 52722
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- LoopNet Team
865 Lincoln Rd
Bettendorf, IA 52722
University of Iowa Health Care Center · Office Property For Sale
Investment Highlights
- 39,899 square foot, 100% occupied, multi-tenant medical office building
- Two tenant facility utilized by University of Iowa Hospitals & Clinics (Moody’s Aa2) and Genesis Health System (Moody’s A1)
- Significant investment by University of Iowa Health Care via long-term leases and tenant improvements for new urgent care and family practice clinic
- Over 7.5 years of weighted average lease term remaining
- All NNN leases with contractual rent escalations
- Iowa Board of Regents, with 2021 revenue exceeding $1.6 billion, guarantees 74% of rentable square feet
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
39,899 SF
Building Class
B
Year Built
1998
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
39,899 SF
Building FAR
0.23
Lot Size
3.92 AC
Zoning
C-2
Parking
300 Spaces (7.52 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 8429120012 | Improvements Assessment | $4,662,100 |
| Land Assessment | $676,000 | Total Assessment | $5,338,100 |
PROPERTY TAXES
Parcel Number
8429120012
Land Assessment
$676,000
Improvements Assessment
$4,662,100
Total Assessment
$5,338,100
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