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5520 Fountains Dr Ne , #100

Cedar Rapids, IA 52411
  • $14
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 202403119
UPDATED: 162 min ago
$14
  • 0
    BEDS
  • 19.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
2025
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Prime first-generation retail/office space For Lease in The Fountains' newest proposed building. The Fountains is a highly visible 19.3-acre mixed-use work/play development featuring 40,500 square feet of retail and 200,000 square feet of office. A wide variety of amenities exist in and near the development including fast food, casual and sit-down restaurants, a spa, salons, fitness studios, and Hy-Vee Grocery. Great location off Edgewood Road NE and Blairs Ferry Road, less than one mile off Highway100/Collins Road extension and I-380 Interchange. Landlord will deliver the space per vanilla box description. Contact listing agent for details. Possession approximately 10 months after lease has been fully executed. 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 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: 2024-07-18T00:26:02.183
www.gwenjohnson.com/homes/151054565
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5520 Fountains Dr Ne , #100 Cedar Rapids, IA 52411

  • Price: $14
  • Status: Active
  • On Site: 49 Days
  • Updated: 162 min ago
  • MLS #: 202403119
0
Beds
0
Baths
0
½ Baths
19.3
Acres
2025
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
Viola Gibson
Middle School:
Harding
High School:
Kennedy
Property Description
Prime first-generation retail/office space For Lease in The Fountains' newest proposed building. The Fountains is a highly visible 19.3-acre mixed-use work/play development featuring 40,500 square feet of retail and 200,000 square feet of office. A wide variety of amenities exist in and near the development including fast food, casual and sit-down restaurants, a spa, salons, fitness studios, and Hy-Vee Grocery. Great location off Edgewood Road NE and Blairs Ferry Road, less than one mile off Highway100/Collins Road extension and I-380 Interchange. Landlord will deliver the space per vanilla box description. Contact listing agent for details. Possession approximately 10 months after lease has been fully executed. 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 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 BlockBrickFramePrecastConcrete Lot Size Acre Range TenToTwentyAcres Lot Size Dimensions Irregular Road Frontage Type CountyRoadPaved Roof Other

Interior Features

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

Property Features

Auction Online Bid YN No Business Type OfficeBuilding Commercial Building Features SecuritySystemSprinklerSystem Common Area Maintenance 6.8 Compensation Remarks 3% sliding Existing Lease Type Net Expiration Date 2025-05-31 Green Verification YN No Listing Terms Other Possession Negotiable Property Sub Type Office Special Features None Tax Year 2024 Utilities ElectricityAvailableSewerAvailablePhoneAvailableCityWater Zoning S-MC

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: 2024-07-18T00:26:02.183
 
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The Johnson Team | Skogman Realty
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