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Listed price in listed location currency (USD).
$2,999,000

000

MLS® 2604515

Overview

Key Facts

Type 
Levels Commercial Sale
Size 18783 sqft
Garage 
Taxes $124,028
Days Active 0
Lot Size 2.2 Acres
Approx. Age 2015
Avg. Price Per Sqft $159
MLS® Number 2604515

Property Address: 2750 Heartland Dr, Coralville, IA, 52241

Average square foot calculated using Size range provided by listing agent.

Description

An absolute net ground lease investment occupied by ALDI at 2750 Heartland Drive in Coralville, Iowa — situated within the most active retail corridor in the Iowa City MSA. The 18, 783 SF store sits on a 2.2-acre parcel and delivers a current NOI of $157, 464 with more than nine years of remaining lease term, scheduled rent increases, and a direct corporate guarantee from ALDI Inc. The absolute net structure means zero landlord responsibilities — taxes, insurance, and maintenance are entirely the tenant's obligation. This location ranks among the top-performing ALDI stores in Iowa and places within the top tier of ALDI locations nationwide per Placer.ai foot traffic data. The property is surrounded by dominant retail drivers including Coral Ridge Mall, Coral North, Costco, Walmart, and more — an established co-tenancy that continues to attract and sustain strong consumer traffic to the corridor.
MLS® Number2604515
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2015
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air

Extras

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