425 E Hwy 6, IowaCity, IA 52240
Other
IDR Rp89,880,030,000
USD $4,995,000
Published on: 04 Jun 2026
Last updated on: 02 Jul 2026
Property ID: 110108505025
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COMMERCIAL - IowaCity, IA
425 E Hwy 6, IowaCity, IA 52240
Prominent leased investment with Goodwill Industries and Advanced Auto Stores adjacent to the Waterfront Hy Vee in Iowa City. Advanced Auto has occupied the 8086 SF suite since 1997, and Goodwill Industries has occupied a portion of the current 28,277 SF suite since 1967 and has expanded into the full space in 2021. Both tenants have been long-term, stable tenants and occupy the entire 36,322 SF. The lease rates are quite reasonable at $11.17 NNN for Advanced Auto Parts and $12.00 NNN for Goodwill. This represents a 7.7% Capitalization Rate with increases as time goes by. See attached pro-forma for details. Traffic counts on Hwy 6 are 10,700 cars daily. Parking lot is shared with the facing building to the east, providing approximately 125 parking spaces, plus the shared spaces.
Property Details
Basic Info
Outdoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Land Size
10,400.43 m2
Year Built
1980
County
Johnson
Parcel ID
1015460002
Provider
Iowa City Area Association of REALTORS®
Brokerage Office Name
Lepic-Kroeger, REALTORS
Brokerage Office Phone
(319) 351-8811
Neighbourhoods
IowaCity
Address
425 E Hwy 6, IowaCity, IA 52240
Tax History
| Year | Tax amount | |
|---|---|---|
| 2023 | USD $103166 | IDR Rp1,856,369,004* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither FazWaz.id nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. FazWaz.id recommends that you independently verify any information before relying on it.
Contact Agent
Jeff Edberg
Lepic-Kroeger, REALTORS
2346 MORMON TREK BLVD SUITE #2000, IOWA CITY, IA 52246
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Jeff Edberg
2346 MORMON TREK BLVD SUITE #2000, IOWA CITY, IA 52246
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Property ID: 110108505025
Original Property ID: 3yd-ICAARIA-202603536Data provided by Iowa City Area Association of REALTORS®, MLS #: 202603536
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