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    310 Collins Road NE

    Cedar Rapids, IA 52402
    • $1,450,000
    • STATUS: Active
    • ON SITE: 94 days
    • MLS #: 2006174
    UPDATED: 50 min ago
    $1,450,000
    • 0
      BEDS
    • 1.76
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1977
    County:
    Area:

    School Ratings & Info

    Description

    Fully occupied, two tenant investment property at one of the best locations in Cedar Rapids on Collins Road NE between Lindale Mall and Rockwell Collins. Tenants are Nothing but Noodles and Americans for Prosperity. Both tenants recently renewed their leases early. NNN leases. Some of the highest traffic counts and demographics in Cedar Rapids. Great visibility and plenty of parking. With upcoming lease bumps NOI is approximately $98,000 per year.

    Monthly Payment Calculator

    © 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: 2020-12-01T15:42:34.5.
    www.cedarrapidsareahomes.com/homes/109486517
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    310 Collins Road NE Cedar Rapids, IA 52402

    • Price: $1,450,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 2006174
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.76
    Acres
    5,000
    SQFT
    $290
    $/SQFT
    1977
    Built
    Neighborhood:
    NE Quadrant
    County:
    Linn
    Area:
    NE Quadrant
    Property Description
    Fully occupied, two tenant investment property at one of the best locations in Cedar Rapids on Collins Road NE between Lindale Mall and Rockwell Collins. Tenants are Nothing but Noodles and Americans for Prosperity. Both tenants recently renewed their leases early. NNN leases. Some of the highest traffic counts and demographics in Cedar Rapids. Great visibility and plenty of parking. With upcoming lease bumps NOI is approximately $98,000 per year.
    Exterior Features

    Construction Materials Frame Exterior Features Sprinkler/Irrigation Parking Features Off Street Roof Membrane Stories Total 1

    Interior Features

    Cooling Central Air Cooling YN Yes Flooring CarpetConcrete Heating CentralGas Heating YN Yes Interior Features Storage

    Property Features

    Electric 220 Volts Lease Considered YN No Sewer Public Sewer Tax Annual Amount 64544 Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Sub Mix

    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: 2020-12-01T15:42:34.5.
     
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    The Graf Home Selling Team & Associates
    1190 Twixt Town Rd NE
    Cedar Rapids IA, 52402