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    1855 1st Avenue SE , #202

    Cedar Rapids, IA 52402
    • $575,000
    • STATUS: Active
    • ON SITE: 774 days
    • MLS #: 1807274
    UPDATED: 36 min ago
    $575,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,548
      SQFT
    • $104
      $/SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Description

    Highly visible 1st Avenue office building on the corner of 1st Ave and 19th Street SE. Recently renovated with a modern look and finishes both inside and outside the building. Highly trafficked location with traffic counts in excess of 26,000 cars per day. Blended rate for entire property is $8.99 NET per sqft. ***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.

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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: 2020-11-28T20:42:32.28.
    www.cedarrapidsareahomes.com/homes/88501904
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    1855 1st Avenue SE , #202 Cedar Rapids, IA 52402

    • Price: $575,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 1807274
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,548
    SQFT
    $104
    $/SQFT
    1961
    Built
    Neighborhood:
    SE Quadrant
    County:
    Linn
    Area:
    SE Quadrant
    Property Description
    Highly visible 1st Avenue office building on the corner of 1st Ave and 19th Street SE. Recently renovated with a modern look and finishes both inside and outside the building. Highly trafficked location with traffic counts in excess of 26,000 cars per day. Blended rate for entire property is $8.99 NET per sqft. ***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.
    Exterior Features

    Parking Features Off Street Stories Total 1

    Interior Features

    Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Heating YN Yes

    Property Features

    Electric 220 Volts Lease Considered YN Yes Property Sub Type Office Sewer Public Sewer Tax Annual Amount 0 Tenant Pays Common Area MaintenanceElectricityHeatInsuranceJanitorial ServiceTaxesTrash CollectionWater Water Source Public Zoning Description O-S

    Listing information © 2020 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Craig Byers of Q4 Real Estate.
    © 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: 2020-11-28T20:42:32.28.
     
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    The Graf Home Selling Team & Associates
    1190 Twixt Town Rd NE
    Cedar Rapids IA, 52402