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4341 SE 1st Ave , #116

Cedar Rapids, IA 52403
  • $1,250
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 202403670
$1,250
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
1978
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Exceptional For Lease opportunity tailored for businesses seeking functional first-floor office and retail space. Located in a high-visibility area along 1st Avenue, near the intersection of Highway100/Collins Road extension, this prime spot offers incredible exposure and accessibility. Situated near Lindale Mall, this location benefits from highest traffic counts in the county, with over 29,000 vehicles passing through the area daily. The space is part of Glenbrook Centre, a mixed-use complex featuring fully built-out commercial spaces with residential condo units above. Monument signage is available for all tenants on 1st Avenue, ensuring your business stands out. Benefit from a straightforward gross lease structure. 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 3.5% 1st, 3% 2nd, 2.5% 3rd $1M of primary term gross rent; & 2% 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: 2024-07-17T00:26:02.997
www.gwenjohnson.com/homes/151994769
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4341 SE 1st Ave , #116 Cedar Rapids, IA 52403

  • Price: $1,250
  • Status: Active
  • On Site: 21 Days
  • MLS #: 202403670
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1978
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
Kenwood
Middle School:
Franklin
High School:
Washington
Property Description
Exceptional For Lease opportunity tailored for businesses seeking functional first-floor office and retail space. Located in a high-visibility area along 1st Avenue, near the intersection of Highway100/Collins Road extension, this prime spot offers incredible exposure and accessibility. Situated near Lindale Mall, this location benefits from highest traffic counts in the county, with over 29,000 vehicles passing through the area daily. The space is part of Glenbrook Centre, a mixed-use complex featuring fully built-out commercial spaces with residential condo units above. Monument signage is available for all tenants on 1st Avenue, ensuring your business stands out. Benefit from a straightforward gross lease structure. 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 3.5% 1st, 3% 2nd, 2.5% 3rd $1M of primary term gross rent; & 2% thereafter.
Exterior Features

Construction Materials Frame Lot Size Acre Range None Lot Size Dimensions Irregular Road Frontage Type CountyRoadInterstatePavedHighway Roof TarGravel

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteCarpet Heating Central Interior Features ZeroStepEntry

Property Features

Auction Online Bid YN No Business Type OfficeBuildingRetail Commercial Building Features Other Common Area Maintenance 0 Compensation Remarks 3.5% Slide Expiration Date 2025-04-30 Green Verification YN No Listing Terms Other Possession Immediate Property Sub Type Retail Special Features None Tax Year 2023 Utilities CableAvailableElectricityAvailableSewerAvailablePhoneAvailableUndergroundUtilitiesCityWater Zoning S-MU

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: 2024-07-17T00:26:02.997
 
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The Johnson Team | Skogman Realty
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