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609 SW 1st Avenue , Suite 102

Cedar Rapids, IA 52405
  • $0
  • STATUS: Active
  • ON SITE: 355 Days
  • MLS #: 202302964
UPDATED: 83 min ago
$0
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,680
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2011
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Competitive rate 1st floor retail/office space For Lease in mixed-use building on 1st Ave SW directly off I-380/I-27 in downtown Cedar Rapids. Building features commercial space on main level with 2-bedroom apartment units on the 2nd floor. Large off-street paved parking area in back of building. Excellent visibility/canopy signage on 1st Ave where traffic counts exceed 16,900 vehicles per day. Convenient access to downtown, The Kingston Village District, NewBo District and interstate/highway access. 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, 3.0% 2nd, 2.5% 3rd $1M of primary term aggregate base rent; & 2.0% 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: 2024-05-23T17:26:03.753
www.gwenjohnson.com/homes/140129945
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609 SW 1st Avenue , Suite 102 Cedar Rapids, IA 52405

  • Price: $0
  • Status: Active
  • On Site: 355 Days
  • Updated: 83 min ago
  • MLS #: 202302964
0
Beds
0
Baths
0
½ Baths
0.36
Acres
15,680
SQFT
$0
$/SQFT
2011
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
Taylor
Middle School:
Wilson
High School:
Jefferson
Property Description
Competitive rate 1st floor retail/office space For Lease in mixed-use building on 1st Ave SW directly off I-380/I-27 in downtown Cedar Rapids. Building features commercial space on main level with 2-bedroom apartment units on the 2nd floor. Large off-street paved parking area in back of building. Excellent visibility/canopy signage on 1st Ave where traffic counts exceed 16,900 vehicles per day. Convenient access to downtown, The Kingston Village District, NewBo District and interstate/highway access. 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, 3.0% 2nd, 2.5% 3rd $1M of primary term aggregate base rent; & 2.0% thereafter.
Exterior Features

Construction Materials Frame Lot Size Acre Range LessThanHalfAcre Lot Size Dimensions Irregular Road Frontage Type CountyRoadInterstatePaved Roof Composition

Interior Features

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

Property Features

Auction Online Bid YN No Business Type OfficeBuildingRetailMixed Buyer Financing Other Commercial Building Features DisplayWindowSecuritySystemSprinklerSystem Common Area Maintenance 3.11 Compensation Remarks 3.5% slide Existing Lease Type Net Expiration Date 2024-11-30 Green Verification YN No Listing Terms Other Possession Immediate Property Sub Type Office Special Features None Tax Annual Amount 6667 Tax Year 2023 Utilities ElectricityAvailableSewerAvailablePhoneAvailableCityWater Zoning U-NG

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: 2024-05-23T17:26:03.753
 
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