For Sale
$2,400,000

1 Quail Creek Cir North Liberty, IA 52317

17,427 SF Office, 2.67 Acres

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional North Liberty, Iowa property offers a 17,427 square foot executive office building situated on a generous 2.67-acre lot. Priced at $2,400,000 ($137 per square foot), this presents a significant value opportunity well below replacement cost. The building is currently zoned C1B and features three leasable suites: Suite 1 (5,833 SF), Suite 2 (7,191 SF), and Suite 3 (4,400 SF). Each suite boasts numerous offices, restrooms, conference rooms, kitchenettes, reception areas, and cubicles. A full-service lease option is available at $20 per square foot, encompassing taxes, insurance, CAM, and utilities. Beyond the existing office space, the expansive 2.67-acre lot presents significant redevelopment potential. The property's zoning allows for exploration of multi-family development, potentially accommodating up to 100 units, subject to necessary approvals and permits. This versatile property is ideal for owner-occupancy, investment, or redevelopment, offering a compelling combination of immediate income potential and long-term growth opportunities. Located at 1 Quail Crk Cir, North Liberty, IA 52317, in Johnson County.

Property Details for 1 Quail Creek Cir

Property type
Office properties, Land
Square Feet
17,427 SF
Lot Size (sq. ft)
116,305 SF

Location Insight

City
North Liberty
County
Johnson
State
Iowa
Latitude
41.734415364874
Longitude
-91.607714518247

FAQs

What type of property is this?
Office property - 17,427 SF Office, 2.67 Acres
Where is the office property located?
The property is located at 1 Quail Creek Cir North Liberty, IA.
What is the asking price?
The asking price for this property is $2,400,000.
How can I contact the broker?
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1 Quail Creek Cir
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