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6060 Huntington Court NE, Cedar Rapids, IA 52402

Price: $2,495,000.00

Property

Subtype: Commercial

Area: NE Quadrant

Lot Size: 4

Acres: 4.1500

Year Built: 1994

Zoning: TIMU

Gross Tax: 60,644

Traffic Count: 1-1000

County: Linn

Utilities

Electric, Gas

Heating: Central Air,Central Heat,Gas Heat

Cooling: Central Air,Central Heat,Gas Heat

Power Available: 220 Volt

Building

Total Building Sq Ft: 30,915

Ceiling Height: 15ft-20ft

Floor Type: Carpet,Concrete Slab

Lease Terms

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


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Exceptional single tenant investment opportunity with 4.5 +/- years remaining on the existing 10 year initial lease at below market rents with upside potential. This office/warehouse building is in great condition and is well located with easy access to I-380 and in an area of continued development. Lot is oversized and could allow for building expansion, Potentially up to an additional 20,000 SF. Tenant pays property taxes, insurance and building maintenance in addition o their base rent. Building features a dock, OH door, lots windows for natural light and a nice mix of open space, private offices, meeting rooms and break area. Strong tenant that has also invested in additional Tl’s during the lease. A. confidentiality agreement is required for additional lease information to qualified buyers.

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