
Price: $1,350,000.00
Property
Subtype: Commercial
Area: SW Quadrant
Lot Size: 54,450
Acres: 1.2500
Year Built: 2004
Zoning: SMU
Gross Tax: 31,851
Traffic Count: 10001-15000
County: Linn
Utilities
Electric, Gas
Heating: Central Air,Central Heat,Gas Heat
Cooling: Central Air,Central Heat,Gas Heat
Building
Total Building Sq Ft: 9,424
Ceiling Height: 11ft-14ft
Floor Type: Carpet,Concrete Slab
Lease Terms
Tenant Pays: Re Tax, Insurance, CAM, Improvment, Janitorial, Heating, Water, Electricity, Trash Collection, Not Applicable
IDX information is provided exclusively for customers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which consumers may have an interest. The data provided is deemed reliable but is not guaranteed accurate by the MLS, GLD Commercial and/or its affiliates.
Well maintained retail mall, 100% occupied with Triple Net leases; some national tenants. Net Operating Income potential of $96,120. Cap Rate of 7.12%. Good tenant mix. Brick building. Roof is new in 2021. Drive-Through window. Financials available upon request, but requires a confidentiality statement to be signed by prospect. Subject to 1031 Exchange. Listing Agent is a partial owner and licensed real estate agent in Iowa.
Listing Agent: Doug Laird Office: SKOGMAN REALTY COMMERCIAL Data courtesy of Cedar Rapids Area Association of Realtors MLS
2021 Cedar Rapids Metro Commercial RealĀ Estate Report