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Utica Crest Medical Building 3740 Utica Ridge Rd 30,082 SF Office Building Bettendorf, IA 52722 $4,115,000 ($136.79/SF) 8.19% Cap Rate
Investment Highlights
- $400K INVESTED IN CAPITAL IMPROVEMENTS: Full Roof Replacement & Parking Lot Repairs (2024)
- 0.6 MILES FROM HOSPITAL: 3 minute drive to UnityPoint Health Trinity Bettendorf (139-beds)
- 'AA-' FITCH RATED CREDIT TENANT: UnityPoint is among the highest-rated nonprofit health systems in the Midwest.
- 4.65% WEIGHTED AVG ANNUAL INCREASES
- 150k+ RESIDENTS IN 5-MI RADIUS
- HIGHLY ACCESSIBLE: Located just off I-74 with ±35,000 VPD
Executive Summary
Adam Marek
License # F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154
(866) 889-0550
License # F03991000 (IA)
Pacific Realty Commercial, LLC
11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
30,082 SF
Building Class
B
Year Built/Renovated
1974/2024
Price
$4,115,000
Price Per SF
$136.79
Cap Rate
8.19%
NOI
$337,189
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
30,082 SF
Building FAR
0.15
Lot Size
4.68 AC
Amenities
- Courtyard
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Growing With Grace Early Learning Center, LLC
- Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Iowa Physicians Clinic Medical Foundation d/b/a Un
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Growing With Grace Early Learning Center, LLC | Services | 99,999 SF | - | Lorem Ipsum | - | |
| Iowa Physicians Clinic Medical Foundation d/b/a Un | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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
Contacts
-
Remi Bogdanovich -
Kyle Mackulak -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Utica Crest Medical Building | 3740 Utica Ridge Rd
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