1 Quail Creek CirNorth Liberty, IA 52317

For Sale
$2,400,000

17,427 SF Office, 2.67 Acres

Overview

Added:
Dec 11, 2024
Days on market:
92
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
Other office properties, Other 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
1 Quail Creek Cir, North Liberty, Iowa

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1 Quail Creek Cir
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