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4651 SE 1st Ave , Suite 4

Cedar Rapids, IA 50402
  • $0
  • STATUS: Active
  • ON SITE: 188 Days
  • MLS #: 202306345
$0
  • 0
    BEDS
  • 9.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,787
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2009
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Unlock the potential of your business at Marketplace on First, where a fully built-out retail space is available in the center of Cedar Rapids' vibrant commerce. Positioned at the crossroads of 1st Ave SE & Collins Road/Highway 100, this prime location boasts a 700,000 square foot outdoor shopping center. Taking advantage of exceptional visibility, and the highest traffic counts in the county, this dynamic center stands as the core of the retail hub adjacent to Lindale Mall. Crafted with a deliberate focus on enhancing the shopping experience, the ambiance is tailored to entice patrons to linger, indulge, and revel in the diverse offerings of each retailer. Join the ranks of esteemed businesses like Dick’s Sporting Goods, ULTA, Home Depot, Granite City, AT&T, Pancheros, Cold Stone Creamery, Spare Time, Red Robin, and more. With negotiable tenant improvement allowances ensuring your space aligns perfectly with your brand and goals. 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: 3.5% of the 1st $1M of primary term aggregate base rent, 3.0% of the 2nd $1M of primary term aggregate base rent, 2.5% of the 3rd $1M of primary term aggregate base rent and 2.0% of the primary term agg. base rent thereafter. Commission schedule shall be applied to all leases with base terms of up to 10 years. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement.



© 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/146137539
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4651 SE 1st Ave , Suite 4 Cedar Rapids, IA 50402

  • Price: $0
  • Status: Active
  • On Site: 188 Days
  • MLS #: 202306345
0
Beds
0
Baths
0
½ Baths
9.03
Acres
1,787
SQFT
$0
$/SQFT
2009
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
Bowman
Middle School:
Linn Mar
High School:
Linn Mar
Property Description
Unlock the potential of your business at Marketplace on First, where a fully built-out retail space is available in the center of Cedar Rapids' vibrant commerce. Positioned at the crossroads of 1st Ave SE & Collins Road/Highway 100, this prime location boasts a 700,000 square foot outdoor shopping center. Taking advantage of exceptional visibility, and the highest traffic counts in the county, this dynamic center stands as the core of the retail hub adjacent to Lindale Mall. Crafted with a deliberate focus on enhancing the shopping experience, the ambiance is tailored to entice patrons to linger, indulge, and revel in the diverse offerings of each retailer. Join the ranks of esteemed businesses like Dick’s Sporting Goods, ULTA, Home Depot, Granite City, AT&T, Pancheros, Cold Stone Creamery, Spare Time, Red Robin, and more. With negotiable tenant improvement allowances ensuring your space aligns perfectly with your brand and goals. 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: 3.5% of the 1st $1M of primary term aggregate base rent, 3.0% of the 2nd $1M of primary term aggregate base rent, 2.5% of the 3rd $1M of primary term aggregate base rent and 2.0% of the primary term agg. base rent thereafter. Commission schedule shall be applied to all leases with base terms of up to 10 years. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement.
Exterior Features

Construction Materials BlockFrameSteelOrMetal Lot Size Acre Range FiveToTenAcres Lot Size Dimensions Irregular Road Frontage Type CountyRoadPaved Roof Composition

Interior Features

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

Property Features

Auction Online Bid YN No Business Type Retail Buyer Financing Other Commercial Building Features AdditionalBuildingsDisplayWindowSprinklerSystem Common Area Maintenance 5.29 Compensation Remarks 3.5% slide Existing Lease Type Net Expiration Date 2024-12-31 Green Verification YN No Listing Terms Other Possession Immediate Property Sub Type Retail Special Features None Tax Annual Amount 8300 Tax Year 2022 Utilities ElectricityAvailableSewerAvailablePhoneAvailableUndergroundUtilitiesCityWater Zoning S-MR

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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