Veteran Affairs Administration Office
Office | 9.00% CAP | 32,200 SqFt
Marketing description
The United States Department of Veterans Affairs (VA) is a federal agency dedicated to serving America's military Veterans through comprehensive healthcare, benefits, and support services. Guided by its mission to care for those who have served, the VA promotes the health, well-being, and long-term economic security of Veterans, their families, and survivors.
The VA provides a wide range of services, including primary and specialty medical care, mental health services, rehabilitation programs, social support, and benefits administration. Through its integrated healthcare system, the agency addresses both physical and behavioral health needs, with a focus on prevention, recovery, and long-term quality of life.
The VA Center located at 1410 S 1st Ave in Iowa City, Iowa operates as part of the broader VA healthcare network, delivering essential outpatient services to Veterans throughout the region. Positioned within a strong healthcare and academic corridor anchored by the University of Iowa and UI Health Care, the facility benefits from access to a highly trained workforce and established medical infrastructure, enhancing the level of care provided to local Veterans.
Investment highlights
- 1st Generation Lease — Redeveloped for the Veteran Affairs Administration in 2023, this tenant signed a 20-year lease, 10 years of which are firm (non-cancellable), which leaves ±7 years remaining on the lease.
- Home of the University of Iowa — The largest employer in the city, along with the UI Health Care System, Iowa City offers market stability and growth.
- Biggest Economic Sectors Are Healthcare And Education — Over 22,000 people work in Healthcare in Iowa City, which is a significant portion of the working population.
- Serves 50,000 Veterans Annually — The Iowa City VA Healthcare system serves roughly 50,000 Veterans annually across 53 counties, with roughly 2,000 staff members.
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