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    1250 North Center Point Road

    Hiawatha, IA 52233
    • $7,329,006
    • STATUS: Active
    • ON SITE: 104 days
    • MLS #: 2005038
    UPDATED: 65 min ago
    $7,329,006
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 111,540
      SQFT
    • $66
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1996
    County:

    School Ratings & Info

    Description

    Long term, absolute NNN lease warehouse manufacturing office property with approximately 10 years remaining on lease and scheduled lease bumps. Tenant has occupied the building since it was built and has been in business for over 60 years. Absolute net lease with no landlord responsibilities. Major long term upside as the lease rate is below market. I-380 visibility, high quality, high bay tilt up concrete construction built by Ryan Companies. Features 10 docks and 1 drive in OHD. Climate controlled warehouse. Excess site allows for future expansion, outside storage or a future building. Members of ownership are licensed Realtors in the state of Iowa.

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    © 2020 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. 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 Graf Home Selling Team & Associates. Data last updated: 2020-10-23T19:42:33.557.
    www.cedarrapidsareahomes.com/homes/107700471
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    1250 North Center Point Road Hiawatha, IA 52233

    • Price: $7,329,006
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 2005038
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    111,540
    SQFT
    $66
    $/SQFT
    1996
    Built
    Neighborhood:
    Hiawatha/Robins
    County:
    Linn
    Area:
    Hiawatha/Robins
    Property Description
    Long term, absolute NNN lease warehouse manufacturing office property with approximately 10 years remaining on lease and scheduled lease bumps. Tenant has occupied the building since it was built and has been in business for over 60 years. Absolute net lease with no landlord responsibilities. Major long term upside as the lease rate is below market. I-380 visibility, high quality, high bay tilt up concrete construction built by Ryan Companies. Features 10 docks and 1 drive in OHD. Climate controlled warehouse. Excess site allows for future expansion, outside storage or a future building. Members of ownership are licensed Realtors in the state of Iowa.
    Exterior Features

    Construction Materials ConcreteStone VeneerTilt-Up Parking Features Off Street Roof Membrane Stories Total 1

    Interior Features

    Flooring Metal Heating CentralGas Heating YN Yes

    Property Features

    Electric 220 Volts Lease Considered YN No Security Features Security SystemSecurity Lights Sewer Public Sewer Tax Annual Amount 155106 Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description C-4

    Listing information © 2020 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Tiffany Earl Williams of Skogman Realty Commercial.
    © 2020 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. 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 Graf Home Selling Team & Associates. Data last updated: 2020-10-23T19:42:33.557.
     
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    The Graf Home Selling Team & Associates
    1190 Twixt Town Rd NE
    Cedar Rapids IA, 52402