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3315 Williams Boulevard SW, Cedar Rapids, IA 52404

MLS Number: 2107544   |   Subtype: Commercial   |   Area: SW Quadrant
$ 1,350,000

Well maintained retail mall, 100% occupied with Triple Net leases; some national tenants. Net Operating Income potential of $101,188.90. Cap Rate of 7.5%. 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

Property

  • County: Linn
  • Lot Size: 54450
  • Acres: 1.2500
  • Year Built: 2004
  • Zoning: SMU
  • Gross tax: $31,851.00

Building

Total Building SF: 9,424
Ceiling Height: 11ft-14ft

Utilities

Utilities: Electric,Gas
Heating/Cooling: Central Air, Central Heat, Gas Heat

Lease Terms

Tenet Pays: Re Tax, Insurance, CAM, Improvment, Janitorial, Heating, Water, Electricity, Trash Collection, Not Applicable

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