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6060 Huntington Court NE

Cedar Rapids, IA 52402
  • $2,495,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 2203137
UPDATED: 85 min ago
$2,495,000
  • 0
    BEDS
  • 4.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 30,915
    SQFT
  • $81
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1994
County:
Area:

School Ratings & Info

Description

Exceptional single tenant investment opportunity with 4.5 +/- years remaining on the existing 10 year initial lease at below market rents with upside potential. This office/warehouse building is in great condition and is well located with easy access to I-380 and in an area of continued development. Lot is oversized and could allow for building expansion, Potentially up to an additional 20,000 SF. Tenant pays property taxes, insurance and building maintenance in addition o their base rent. Building features a dock, OH door, lots windows for natural light and a nice mix of open space, private offices, meeting rooms and break area. Strong tenant that has also invested in additional Tl's during the lease. A. confidentiality agreement is required for additional lease information to qualified buyers.

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© 2022 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: 2022-05-19T23:42:29.963.
www.cedarrapidsareahomes.com/homes/127435880
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6060 Huntington Court NE Cedar Rapids, IA 52402

  • Price: $2,495,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 85 min ago
  • MLS #: 2203137
0
Beds
0
Baths
0
½ Baths
4.15
Acres
30,915
SQFT
$81
$/SQFT
1994
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Property Description
Exceptional single tenant investment opportunity with 4.5 +/- years remaining on the existing 10 year initial lease at below market rents with upside potential. This office/warehouse building is in great condition and is well located with easy access to I-380 and in an area of continued development. Lot is oversized and could allow for building expansion, Potentially up to an additional 20,000 SF. Tenant pays property taxes, insurance and building maintenance in addition o their base rent. Building features a dock, OH door, lots windows for natural light and a nice mix of open space, private offices, meeting rooms and break area. Strong tenant that has also invested in additional Tl's during the lease. A. confidentiality agreement is required for additional lease information to qualified buyers.
Exterior Features

Construction Materials Stone Veneer Exterior Features Sprinkler/Irrigation Parking Features Off Street Roof Metal

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring CarpetConcrete Heating CentralGas Heating YN Yes

Property Features

Electric 220 Volts Lease Considered YN No Property Sub Type Warehouse Security Features Security System Sewer Public Sewer Tax Annual Amount 60644 Tenant Pays Common Area MaintenanceElectricityHeatInsuranceJanitorial ServiceTaxesTrash CollectionWater Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Timu

Listing information © 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Karl Hoffman of Skogman Realty Commercial.
© 2022 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: 2022-05-19T23:42:29.963.
 
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2252 Blairs Ferry Road
Hiawatha IA, 52233