3140 16th Avenue SW, Cedar Rapids, IA 52404

Price: $899,900.00


Subtype: Commercial

Area: SW Quadrant

Lot Size: 1

Acres: 1.1100

Year Built: 1994

Zoning: SMUCC

Gross Tax: 23,996

Traffic Count: 10001-15000

County: Linn


Electric, Gas

Heating: Central Heat,Gas Heat

Cooling: Central Heat,Gas Heat

Power Available: 220 Volt


Total Building Sq Ft: 7,620

Ceiling Height: 11ft-14ft

Floor Type: Concrete Slab

Lease Terms

Tenant Pays: Re Tax, Insurance, CAM, Improvment, Janitorial, Heating, Water, Electricity, Trash Collection

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Exceptional investment opportunity with a long term lease to be reached with buyer. (Sale lease back) National fitness franchise with a multi-unit franchisee who has been an operator since 2008. Building was extensively remodeled in 2015 and new HVAC within the last year. High traffic location with ample parking.

Listing Agent: Karl Hoffman Office: SKOGMAN REALTY COMMERCIAL Data courtesy of Cedar Rapids Area Association of Realtors MLS