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3740 Utica Ridge Rd
Bettendorf, IA 52722
105K Buyside Fee | 9.6% Cap | NNN | A1 Credit · Office Property For Sale
Investment Highlights
- Industry Leader - UnityPoint Health nation’s 13th-largest nonprofit health system and the fourth-largest nondenominational health system in America
- Medical Real Estate — Healthcare properties extremely sought-after investments for their resistance to downturns in the economy & e-commerce trends
- Certificate of Need State – Iowa is a CON state, meaning this site has been approved by local regulators as necessary to serve the community
- $653M+ in Revenue - Genesis Health System does over $653M in operating revenue, with over 930 licensed beds, 750 providers, and 1,500 nurses.
- Fully Occupied – The property is 100% occupied with tenants on 3 to 5 year leases
- Passive NNN Investment: All tenants are on NNN leases
Property Facts
Property Type
Office
Property Subtype
Building Size
30,082 SF
Building Class
B
Year Built/Renovated
1974/1984
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
30,082 SF
Building FAR
0.15
Lot Size
4.68 AC
Amenities
- Courtyard
Property Taxes
| Parcel Number | 841737003-1 | Improvements Assessment | $2,963,000 |
| Land Assessment | $946,600 | Total Assessment | $3,909,600 |
Property Taxes
Parcel Number
841737003-1
Land Assessment
$946,600
Improvements Assessment
$2,963,000
Total Assessment
$3,909,600
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