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5235 Buffalo Rd Ne , #110

Cedar Rapids, IA 52411
  • $0
  • STATUS: Active
  • ON SITE: 1651 Days
  • MLS #: 20196685
$0
  • 0
    BEDS
  • 1.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,553
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2019
County:
Area:

School Ratings & Info

Description

Edgewood Town Centre (ETC) development features a high-end multi-tenant building located at the lighted intersection of Edgewood Road NE, off Blairs Ferry Road with easy access to I-380 and Highway 100/Collins Road extension. This first-generation suite occupies a prestigious position between two well-known businesses, X-Golf and RE/MAX. Perfect for a variety of businesses including restaurant, chiropractor, salon/spa, medical clinic, business office, or retail shop. Anchored by a 200,000 SF Fleet Farm store and gas station, ETC benefits from its location in the northeast quadrant of Cedar Rapids having the highest household income in the metro area, characterized as a rapidly expanding residential and commercial sub-market. Incremental Commission Details: 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 $1M of primary term aggregate base rent, 2.5% 2nd, 2% 3rd, & 1.5% thereafter. Commission based on aggregate base rent exclusive of any rent attributable to additional rent items and exclusive of any increases to the base rent attributable to the amortization of TI Allowances not already included in base rent.



© 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: 2024-07-12T00:26:03.497
www.gwenjohnson.com/homes/102017306
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5235 Buffalo Rd Ne , #110 Cedar Rapids, IA 52411

  • Price: $0
  • Status: Active
  • On Site: 1651 Days
  • MLS #: 20196685
0
Beds
0
Baths
0
½ Baths
1.25
Acres
1,553
SQFT
$0
$/SQFT
2019
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Property Description
Edgewood Town Centre (ETC) development features a high-end multi-tenant building located at the lighted intersection of Edgewood Road NE, off Blairs Ferry Road with easy access to I-380 and Highway 100/Collins Road extension. This first-generation suite occupies a prestigious position between two well-known businesses, X-Golf and RE/MAX. Perfect for a variety of businesses including restaurant, chiropractor, salon/spa, medical clinic, business office, or retail shop. Anchored by a 200,000 SF Fleet Farm store and gas station, ETC benefits from its location in the northeast quadrant of Cedar Rapids having the highest household income in the metro area, characterized as a rapidly expanding residential and commercial sub-market. Incremental Commission Details: 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 $1M of primary term aggregate base rent, 2.5% 2nd, 2% 3rd, & 1.5% thereafter. Commission based on aggregate base rent exclusive of any rent attributable to additional rent items and exclusive of any increases to the base rent attributable to the amortization of TI Allowances not already included in base rent.
Exterior Features

Construction Materials BrickFrame Lot Size Acre Range OneToTwoAcres Lot Size Dimensions Irregular Road Frontage Type CountyRoadPavedHighway Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating NaturalGasCentral

Property Features

Auction Online Bid YN No Business Type FoodAndBeverageMedicalOrDentalOfficeBuildingRetail Buyer Financing Other Commercial Building Features DisplayWindow Common Area Maintenance 7.75 Compensation Remarks 3% sliding Existing Lease Type Net Expiration Date 2025-04-30 Green Verification YN No Listing Terms Other Possession Other Property Sub Type Retail Special Features None Tax Annual Amount 0 Tax Year 2019 Utilities SewerAvailablePhoneAvailableCityWater Zoning SMR

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: 2024-07-12T00:26:03.497
 
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The Johnson Team | Skogman Realty
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