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3990 Blairs Ferry Rd

Hiawatha, IA 52233
  • $840,000
  • STATUS: Active
  • ON SITE: 357 Days
  • MLS #: 202303572
$840,000
  • 0
    BEDS
  • 0.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Pecks Landing, a master-planned 18-acre retail power center offers excellent visibility near the northeast quadrant of Cedar Rapids off Blairs Ferry Road and Edgewood Road NE where daily traffic counts exceed 35,000. Pecks Landing is part of a rapidly expanding residential and commercial sub-market surrounded by a variety of business and medical offices, retail, grocery, gas/convenience, service businesses, salons/spas, fitness centers and residential neighborhoods. Edgewood Road NE provides direct connection to major roadways such as Blairs Ferry Road, I-380, and Highway 100/Collins Road extension. A 200,000 square foot Fleet Farm store and active Hy-Vee Grocery in neighboring developments, combined with excellent demographics, produce the areas premium retail and office opportunities. Pecks Landing has an opportunity for commercial land purchase like nothing else in the market. There are currently three lots for sale with the ability to combine, and build-to-suit options. Commissions based on aggregate base rent (exclusive of any rent attributable to additional rent items such as CAM charges and property tax pass-through expenses, and exclusive of any increases to the base rent attributable to the amortization of any tenant or construction allowance that is not included in the base rent.) in the primary term of the lease. *SOC shall be calculated as follows: 3% of the 1st $1M of primary term aggregate base rent, 2.5% of the 2nd $1M of primary term aggregate base rent, 2% of the 3rd $1M of primary term aggregate base rent and 1.5% of the primary term aggregate. base rent thereafter.

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© 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: 2024-06-25T00:25:59.727
www.gwenjohnson.com/homes/141152413
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3990 Blairs Ferry Rd Hiawatha, IA 52233

  • Price: $840,000
  • Status: Active
  • On Site: 357 Days
  • MLS #: 202303572
0
Beds
0
Baths
0
½ Baths
0.99
Acres
Neighborhood:
Pecks Landing
County:
Linn
Area:
Out Of Area
Elementary School:
Hiawatha
Middle School:
Harding
High School:
Kennedy
Property Description
Pecks Landing, a master-planned 18-acre retail power center offers excellent visibility near the northeast quadrant of Cedar Rapids off Blairs Ferry Road and Edgewood Road NE where daily traffic counts exceed 35,000. Pecks Landing is part of a rapidly expanding residential and commercial sub-market surrounded by a variety of business and medical offices, retail, grocery, gas/convenience, service businesses, salons/spas, fitness centers and residential neighborhoods. Edgewood Road NE provides direct connection to major roadways such as Blairs Ferry Road, I-380, and Highway 100/Collins Road extension. A 200,000 square foot Fleet Farm store and active Hy-Vee Grocery in neighboring developments, combined with excellent demographics, produce the areas premium retail and office opportunities. Pecks Landing has an opportunity for commercial land purchase like nothing else in the market. There are currently three lots for sale with the ability to combine, and build-to-suit options. Commissions based on aggregate base rent (exclusive of any rent attributable to additional rent items such as CAM charges and property tax pass-through expenses, and exclusive of any increases to the base rent attributable to the amortization of any tenant or construction allowance that is not included in the base rent.) in the primary term of the lease. *SOC shall be calculated as follows: 3% of the 1st $1M of primary term aggregate base rent, 2.5% of the 2nd $1M of primary term aggregate base rent, 2% of the 3rd $1M of primary term aggregate base rent and 1.5% of the primary term aggregate. base rent thereafter.
Exterior Features

Lot Size Acre Range HalfToOneAcre Lot Size Dimensions Irregular Other Structures None Road Frontage Type CountyRoadInterstatePaved Topography Level

Interior Features

Bathrooms Total Integer 0

Property Features

Association Fee Text 0 Association YN No Auction Online Bid YN No Buyer Financing CashConventional Community Features NeighborhoodParkSidewalksStreetLightsCloseToMarketCloseToSchoolCloseToShoppingOnBusLineCurbs Compensation Remarks 3% sliding Current Use Platted Electric Underground Expiration Date 2025-06-30 Green Verification YN No Listing Terms CashConventional Possible Use CommercialOffice Property Sub Type UnimprovedLand Section N/A Tax Annual Amount 0 Tax Year 0 Township N/A Utilities ElectricityAvailableNaturalGasAvailableSewerAvailablePhoneAvailableCityWater Zoning C-3

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: 2024-06-25T00:25:59.727
 
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The Johnson Team | Skogman Realty
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Coralville IA, 52241