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151 SW 1st Avenue , Entire First An

Cedar Rapids, IA 52404
  • $15
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: 202401885
UPDATED: 125 min ago
$15
  • 0
    BEDS
  • 7.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
2024
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Kingston Yard is a mixed-use, destination-style master-planned development in downtown Cedar Rapids in the heart of Kingston Village District. The new and unique amenities offered are geared to attract hundreds of thousands of visitors to the area each year. This is an exciting opportunity for retail, office, and all commercial tenants to locate their business in a development designed with synergistic attractions appealing to multiple generations year-round. Landlord delivery of lease space is a vanilla box, please contact listing agent for buildout specifications. Base rate is subject to annual increases. Tenant Improvement Allowance available on retail and office space (see marketing flyer for details). Permanent parking structure to be completed by Summer of 2025. Incremental Commission Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement. SOC 3% 1st $1M of primary term aggregate base rent, 2.5% 2nd, 2% 3rd, & 1.5% thereafter. Commission based on aggregate base rent exclusive of any rent attributable to additional rent items and exclusive of any increases to the base rent attributable to the amortization of TI Allowances not already included in base rent.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-07-17T23:25:45.89
www.gwenjohnson.com/homes/149325066
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151 SW 1st Avenue , Entire First An Cedar Rapids, IA 52404

  • Price: $15
  • Status: Active
  • On Site: 90 Days
  • Updated: 125 min ago
  • MLS #: 202401885
0
Beds
0
Baths
0
½ Baths
7.7
Acres
2024
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
Harrison
Middle School:
Roosevelt
High School:
Jefferson
Property Description
Kingston Yard is a mixed-use, destination-style master-planned development in downtown Cedar Rapids in the heart of Kingston Village District. The new and unique amenities offered are geared to attract hundreds of thousands of visitors to the area each year. This is an exciting opportunity for retail, office, and all commercial tenants to locate their business in a development designed with synergistic attractions appealing to multiple generations year-round. Landlord delivery of lease space is a vanilla box, please contact listing agent for buildout specifications. Base rate is subject to annual increases. Tenant Improvement Allowance available on retail and office space (see marketing flyer for details). Permanent parking structure to be completed by Summer of 2025. Incremental Commission Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement. SOC 3% 1st $1M of primary term aggregate base rent, 2.5% 2nd, 2% 3rd, & 1.5% thereafter. Commission based on aggregate base rent exclusive of any rent attributable to additional rent items and exclusive of any increases to the base rent attributable to the amortization of TI Allowances not already included in base rent.
Exterior Features

Construction Materials FrameSteelOrMetal Lot Size Acre Range FiveToTenAcres Lot Size Dimensions Irregular Road Frontage Type CountyRoad Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating Central

Property Features

Auction Online Bid YN No Business Type FoodAndBeverageHotelMotelOfficeBuildingRecreationRetailMixed Commercial Building Features AdditionalBuildingsOther Common Area Maintenance 6.95 Compensation Remarks 3% sliding Existing Lease Type Net Expiration Date 2025-04-30 Green Verification YN No Listing Terms Other Possession Other Property Sub Type Office Special Features None Tax Year 2022 Utilities CableAvailableElectricityAvailableSewerAvailablePhoneAvailableUndergroundUtilitiesCityWater Zoning U-DC

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Craig Byers of Q4 Real Estate: 319-294-3339.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-07-17T23:25:45.89
 
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