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4650 42nd St Ne

Cedar Rapids, IA 52411
  • $0
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: 202400586
UPDATED: 70 min ago
$0
  • 0
    BEDS
  • 1.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,840
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1998
County:
Area:

School Ratings & Info

Description

Former childcare building for sale or for lease. This building could be home to another childcare provider, or there is opportunity to repurpose the building entirely. This building features abundant onsite parking, multiple large rooms, multi-purpose gym space, reception, and playground space. Principal of ownership group is a licensed REALTOR in IA/IL/FL. *Concept Site Plan. Sale SOC: 3%. Lease SOC: 3% of the first $1MM of primary term aggregate base rent;2.5% of the next $1MM of primary term aggregate base rent;2% of the next $1MM of primary term aggregate base rent & 1.5% of the primary term aggregate base 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: 2024-07-17T17:26:03.443
www.gwenjohnson.com/homes/147184405
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4650 42nd St Ne Cedar Rapids, IA 52411

  • Price: $0
  • Status: Active
  • On Site: 166 Days
  • Updated: 70 min ago
  • MLS #: 202400586
0
Beds
0
Baths
0
½ Baths
1.65
Acres
12,840
SQFT
$0
$/SQFT
1998
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Property Description
Former childcare building for sale or for lease. This building could be home to another childcare provider, or there is opportunity to repurpose the building entirely. This building features abundant onsite parking, multiple large rooms, multi-purpose gym space, reception, and playground space. Principal of ownership group is a licensed REALTOR in IA/IL/FL. *Concept Site Plan. Sale SOC: 3%. Lease SOC: 3% of the first $1MM of primary term aggregate base rent;2.5% of the next $1MM of primary term aggregate base rent;2% of the next $1MM of primary term aggregate base rent & 1.5% of the primary term aggregate base rent thereafter.
Exterior Features

Construction Materials BlockFrame Lot Size Acre Range OneToTwoAcres Lot Size Dimensions 0 Road Frontage Type CountyRoadPaved Roof Composition

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating Central

Property Features

Auction Online Bid YN No Business Type EducationSchoolOfficeBuildingRetailOther Buyer Financing Cash Commercial Building Features Other Common Area Maintenance 5 Compensation Remarks 3.0* Existing Lease Type Nnn Expiration Date 2024-12-31 Green Verification YN No Listing Terms Cash Possession Negotiable Property Sub Type Commercial Special Features None Tax Annual Amount 0 Tax Year 0 Utilities ElectricityAvailableNaturalGasAvailableSewerAvailablePhoneAvailableCityWater Zoning S-MR

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Adam Gibbs of GLD Commercial Real Estate Advisors: 319-731-3410.



© 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: 2024-07-17T17:26:03.443
 
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