2740 Stoner Ct #Build To Suit, North Liberty, IA 52317
2740 Stoner Ct #Build To Suit, North Liberty, IA 52317
2740 Stoner Ct #Build To Suit, North Liberty, IA 52317
2740 Stoner Ct #Build To Suit, North Liberty, IA 52317
2740 Stoner Ct #Build To Suit, North Liberty, IA 52317
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Rent

MLS Listing ID 202601691

Year Built 2025

Annual Tax Amount $1,652

Tax Year 2023

Acres 2.9

Lot Dimensions Approx 469x240

Property Sub-Type Commercial

Property Description

BUILD-TO-SUIT opportunity: The stated price is a land lease price, but the owner is really looking for a build-to-suit and leaseback situation. Consider a commercial / industrial building that could be leased for 10-year or more making the entire lease payment a deductible expense for the tenant/user. The lease rate would be based on the land lease rate plus a capitalized rate of 8% of cost for the improvement. The site is facing I-380 with 54,400 cars per day passing in front of this site. It is served by North Liberty water and sewer with hard surfaced roads already to the site. Real estate taxes, insurance and CAM would be added to the build-to-suit monthly lease number to establish a final monthly gross lease number and a reasonable rate escalation would be built in to complete the cost package.

Location

State IA

County Johnson

Zoning I1

Direction From I80/Penn St intersection west on Penn St, south on Herkey St, east on Stoner Ct. Propertyis at the end of the cul-de-sac on the left.

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, City Water

Roof Type Other

Building

Lot Size Range Two To Five Acres

Structure Type Other

Others

Tax ID 0610452007

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Lepic-Kroeger, REALTORS

NEARBY SCHOOLS & PROPERTIES

JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2740 Stoner Ct #Build To Suit