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3260 Redhawk St
Coralville, IA 52241
Retail Property For Sale

Investment Highlights

  • Affluent area – six-figure average household income within three miles ($121,127)
  • New construction – “Chipotlane” concept
  • Proximity to Interstate 80 (75,000 VPD) & Interstate 380 (53,100 VPD)
  • Publicly traded – #399 on 2024 Fortune 500 list - $76 billion market cap
  • Located along Coral Ridge Avenue (30,600 VPD)
  • 66,600+ people live within a five-mile radius

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
6,200 SF
Building Class
B
Year Built
2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.24 AC
Zoning
C-1
Parking
25 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
369’ on Redhawk Street

Amenities

  • Dedicated Turn Lane
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Wheelchair Accessible
  • Accent Lighting
  • Air Conditioning

About 3260 REDHAWK ST , CORALVILLE, IA 52241

The 2,337 square-foot building benefits from its prominent location along Coral Ridge Avenue, which sees 30,600 vehicles per day and serves as the primary thoroughfare through Coralville, Iowa. The property is situated in a vibrant area experiencing significant new retail and medical development. Nearby retailers include Hy-Vee, Starbucks, Burger King, Dunkin’, Jersey Mike’s, Tropical Smoothie Café, and Tidal Wave Auto Spa. Additionally, the Chipotle is within walking distance of the new 60-acre University of Iowa Hospitals and Clinics North Liberty campus, a three-level hospital with a five-level medical office building, contributing to a notable increase in the area’s population. Further bolstering the area’s growth is the construction of 965 Flat Apartments, a 282-unit complex adjacent to the Chipotle property. The area boasts a population of over 66,600 within a five-mile radius, with an affluent average household income of $121,127. Additionally, the asset is less than five miles from the University of Iowa, which has a student population of 30,000.

Property Taxes

Property Taxes

Parcel Number
0624377002
Land Assessment
$410,500
Improvements Assessment
$76,200
Total Assessment
$486,700
  • Listing ID: 33301483

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 3260 Redhawk St, Coralville, IA 52241

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