2750 Heartland DR Coralville, IA 52241
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 18,783 sqft
Price per Sqft $159
MLS Listing ID 2604515
HOA Y/N No
Total Fin. Sqft 18783
Year Built 2015
Annual Tax Amount $124,028
Lot Size 2.200 Acres
Acres 2.2
Property Sub-Type Investment
Property Description
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.
Location
State IA
County Johnson
Area Iowa City/Coralville
Zoning C-2
Interior
Interior Features InteriorFeatures
Heating Central
Cooling Central Air
Flooring Concrete
Inclusions Building, Land
Fireplace No
Exterior
Exterior Feature Sprinkler/Irrigation
Utilities Available Electricity Available, Natural Gas Available
Water Access Desc Public
Roof Type Membrane
Building
Building Description Frame, Loading Dock,Private Restrooms,Single-Tenant
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Tax ID 0636210001
Acceptable Financing Cash
Listing Terms Cash
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