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2801 6TH ST SW

Cedar Rapids, IA 52404
  • $900,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 202205073
UPDATED: 28 min ago
$900,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,709
    SQFT
  • $117
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Description

Excellent Office Building for sale. All brick exterior with lots of windows & Class A space that has been remodeled and updated over time. Nice mix of 13+ offices with 2+ conference rooms with large reception and cubicle areas. Building can be easily divided into two units of 5,039 sq ft & 2,671 Sq. Ft. units for multi-use or sub-letting. Great central location with quick access to I380 and 32-Car off street parking. TENANT RIGHTS Building is currently leased through 12/31/2023 for $10.00 PSF NNN (Self-Managed Cap-Rate = 8.5% / 2021-22 Pass-Thoughs are $4.83 PSF & includes Maintenance Contract). NOTE: Building Size is 7,709 per Owner/Blueprint and 7,645 per Assessor.

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© 2022 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: 2022-09-30T18:26:09.533
www.gwenjohnson.com/homes/132879077
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2801 6TH ST SW Cedar Rapids, IA 52404

  • Price: $900,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 28 min ago
  • MLS #: 202205073
0
Beds
0
Baths
0
½ Baths
0.67
Acres
7,709
SQFT
$117
$/SQFT
1977
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Property Description
Excellent Office Building for sale. All brick exterior with lots of windows & Class A space that has been remodeled and updated over time. Nice mix of 13+ offices with 2+ conference rooms with large reception and cubicle areas. Building can be easily divided into two units of 5,039 sq ft & 2,671 Sq. Ft. units for multi-use or sub-letting. Great central location with quick access to I380 and 32-Car off street parking. TENANT RIGHTS Building is currently leased through 12/31/2023 for $10.00 PSF NNN (Self-Managed Cap-Rate = 8.5% / 2021-22 Pass-Thoughs are $4.83 PSF & includes Maintenance Contract). NOTE: Building Size is 7,709 per Owner/Blueprint and 7,645 per Assessor.
Exterior Features

Additional Square Feet 5000-10000 Sqft Construct Cm Other Road Frontage County/City RoadPavement Roof Type Other

Interior Features

Cooling Central A/C Floor Type CarpetConcrete Slab/Grade Heating Gas

Property Features

Bank Owned NO Business Office Building Ci Features OtherSecurity System Gross Taxcounty And City 22136.65 Insurance Exp Per Sqft 0 Internet Yes Lease Price 0 Location Corner LotFreestanding Lot Dimensions .67 Acres Ownership Type Office Possible Financing CashConventionalOther Sale Includes Building &Amp; Land Sale Lease For Sale Special Features None Type Of Lease 0 Utilities Available ElectricitySewerTelephoneWater-City Zoning C

Listing information © 2022 Iowa City Area Association of Realtors.
Listing provided courtesy of Chris Mottinger of Mottinger Real Estate Group: 319-624-6027.



© 2022 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: 2022-09-30T18:26:09.533
 
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The Johnson Team | Skogman Realty
2530 Corridor Way
Coralville IA, 52241