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3611 1st Ave Se , #3

Cedar Rapids, IA 52402
  • $0
  • STATUS: Active
  • ON SITE: 618 Days
  • MLS #: 202205159
UPDATED: 127 min ago
$0
  • 0
    BEDS
  • 7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1956
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Fareway and Dollar Tree anchored shopping center with walkable design concept on heavily traveled 1st Avenue in Cedar Rapids, IA. Traffic counts exceed 25,000 vehicles daily. Town & Country benefits from its close proximity to the Collins Road/Highway 100 and 1st Avenue retail hub, downtown Cedar Rapids, I-380 on and off ramps, and Newbo District. Multiple sizes and configurations available. Planned exterior building and parking lot improvements. Est. Pass Throughs: $4.90 PSF. Lease Rate: $10.50 PSF NNN. ***Square foot range available: 589 - 7,374 SF*** 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, 2.5% 2nd, 2% 3rd $1M of primary term aggregate base rent; & 1.5% thereafter. Soc Is 3% Of 1st $1M Of Primary Term Agg Base Rent; 2.5% Of Next $1M Of Primary Term Agg Base Rent; 2% Of Next $1M Of Primary Agg Base Rent And 1.5% Of Primary Term Aggbase Rent Thereafter.



© 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: 2024-05-23T15:26:01.493
www.gwenjohnson.com/homes/133015381
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3611 1st Ave Se , #3 Cedar Rapids, IA 52402

  • Price: $0
  • Status: Active
  • On Site: 618 Days
  • Updated: 127 min ago
  • MLS #: 202205159
0
Beds
0
Baths
0
½ Baths
7
Acres
2,700
SQFT
$0
$/SQFT
1956
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
Kenwood
Middle School:
Franklin
High School:
Washington
Property Description
Fareway and Dollar Tree anchored shopping center with walkable design concept on heavily traveled 1st Avenue in Cedar Rapids, IA. Traffic counts exceed 25,000 vehicles daily. Town & Country benefits from its close proximity to the Collins Road/Highway 100 and 1st Avenue retail hub, downtown Cedar Rapids, I-380 on and off ramps, and Newbo District. Multiple sizes and configurations available. Planned exterior building and parking lot improvements. Est. Pass Throughs: $4.90 PSF. Lease Rate: $10.50 PSF NNN. ***Square foot range available: 589 - 7,374 SF*** 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, 2.5% 2nd, 2% 3rd $1M of primary term aggregate base rent; & 1.5% thereafter. Soc Is 3% Of 1st $1M Of Primary Term Agg Base Rent; 2.5% Of Next $1M Of Primary Term Agg Base Rent; 2% Of Next $1M Of Primary Agg Base Rent And 1.5% Of Primary Term Aggbase Rent Thereafter.
Exterior Features

Construction Materials Block Lot Size Acre Range FiveToTenAcres Lot Size Dimensions Irregular Road Frontage Type CountyRoadPaved Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating Central

Property Features

Auction Online Bid YN No Business Type OfficeBuildingRetail Buyer Financing Other Commercial Building Features DisplayWindow Common Area Maintenance 4.9 Compensation Remarks 3% sliding Existing Lease Type Net Expiration Date 2024-08-31 Green Verification YN No Listing Terms Other Possession Immediate Property Sub Type Commercial Special Features Other Tax Annual Amount 162084 Tax Year 2017 Utilities ElectricityAvailableSewerAvailablePhoneAvailableCityWater Zoning C2

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: 2024-05-23T15:26:01.493
 
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The Johnson Team | Skogman Realty
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