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Property Detail

1420 1st Avenue NE #102, Cedar Rapids, IA 52402

MLS Number: 2302587   |   Subtype: Commercial   |   Area: NE Quadrant
$ 10.95 /SF
High visibility-high traffic retail location. Situated between Coe College and 1st Avenue. Ideally situated for retail/restaurant with Jimmy Johns and Scooters co-tenancy and neighboring Starbucks, Wendy's and Arbys. Daily traffic count is 24,100 cars per day. Lease rate assumes 3.5% annual bumps.

Property

  • County: Linn
  • Lot Size: Lease
  • Acres: 0.0000
  • Year Built: 2018
  • Zoning: Res Flex
  • Gross tax: $92,592.00

Building

Maximum SF for Lease: 2,500
Minimum SF for Lease: 2,500
Total Building SF: 28,270
Ceiling Height: 11ft-14ft

Utilities

Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Gas Heat, Central Air
Power Available: 220 Volts, 440 Volts
Water Source: City Water
Sewer: City Sewer

Lease Terms

Lease Type: Net
Lease Price per SF: $10.95
Tot. Pass Through/SF: $7.50
Tenant Pays: Common Area Maintenance, Electricity, Heat, Insurance, Janitorial Service, Taxes, Trash Collection, Water

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