Skip To Content

625 SE 1st Ave , Suite B

Cedar Rapids, IA 52401
  • $0
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: 202305707
$0
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,008
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1946
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Competitive rate office or retail space For Lease in mixed-use building on 1st Ave SE off I-380/I-27 near downtown Cedar Rapids and St. Luke’s and Mercy medical quarters. This two-tenant building with 560 square foot storage area and ample off-street paved parking area in front and designated spaces on the side of the building. Excellent visibility with signage on building and pole sign on 1st Ave where traffic counts exceed 16,900 vehicles per day. Convenient access to downtown, The Kingston Village District, NewBo District and I-380/I-27. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commission on total lease values <$200,000 - 100% rent commencement. SOC 3.5% 1st of the first $1,000,000 of primary term aggregate base rent, 3.0% of the next $1,000,000 of primary term aggregate base rent, 2.5% of the next $1,000,000 of primary term aggregate base rent and 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: 2024-03-05T00:25:42.967
www.gwenjohnson.com/homes/144930333
Print Image

625 SE 1st Ave , Suite B Cedar Rapids, IA 52401

  • Price: $0
  • Status: Active
  • On Site: 123 Days
  • MLS #: 202305707
0
Beds
0
Baths
0
½ Baths
0.26
Acres
2,008
SQFT
$0
$/SQFT
1946
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
Johnson
Middle School:
Mckinley
High School:
Washington
Property Description
Competitive rate office or retail space For Lease in mixed-use building on 1st Ave SE off I-380/I-27 near downtown Cedar Rapids and St. Luke’s and Mercy medical quarters. This two-tenant building with 560 square foot storage area and ample off-street paved parking area in front and designated spaces on the side of the building. Excellent visibility with signage on building and pole sign on 1st Ave where traffic counts exceed 16,900 vehicles per day. Convenient access to downtown, The Kingston Village District, NewBo District and I-380/I-27. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commission on total lease values <$200,000 - 100% rent commencement. SOC 3.5% 1st of the first $1,000,000 of primary term aggregate base rent, 3.0% of the next $1,000,000 of primary term aggregate base rent, 2.5% of the next $1,000,000 of primary term aggregate base rent and 2.0% thereafter.
Exterior Features

Construction Materials Frame Lot Size Acre Range LessThanHalfAcre Lot Size Dimensions Irregular Road Frontage Type CountyRoadInterstateHighway Roof CompositionWood

Interior Features

Cooling CentralAir Flooring ConcreteSlabGradeCarpet Heating Central Interior Features ZeroStepEntry

Property Features

Auction Online Bid YN No Business Type OfficeBuilding Buyer Financing Other Commercial Building Features SprinklerSystem Common Area Maintenance 0 Compensation Remarks 3.5% slide Existing Lease Type Net Expiration Date 2024-08-31 Green Verification YN No Possession Negotiable Property Sub Type Office Special Features None Tax Annual Amount 11467.39 Tax Year 2022 Utilities ElectricityAvailableNaturalGasAvailableSewerAvailablePhoneAvailableUndergroundUtilitiesCityWater Zoning Urban Form District

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: 2024-03-05T00:25:42.967
 
https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_202305707-2.jpg https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_202305707-2.jpg https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_202305707-2.jpg
Logo
The Johnson Team | Skogman Realty
2530 Corridor Way
Coralville IA, 52241