Skip To Content

8905 6th Street SW , Land Lease

Cedar Rapids, IA 52404
  • $150,000
  • STATUS: Active
  • ON SITE: 339 Days
  • MLS #: 2210394
UPDATED: 81 min ago
$150,000
  • 0
    BEDS
  • 4.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
County:
Area:

School Ratings & Info

Description

Land lease opportunity. $150,000/year NNN. Shovel-ready commercial building site strategically located at the intersection of I-380 and Wright Brothers Blvd SW. Well suited for C-store, quick-serve restaurant or retail/sales and service operation. High traffic and high visibility with Average Daily Traffic in excess of 25,000 vehicles at this corner. This intersection is so hot the DOT and the City of Cedar Rapids are working together on a newly engineered traffic design system that will include multiple improvements, such as a new on-ramp to I-380 and expansion of the roadway with additional lanes. Lease rate shall increase 3% annually. A member of the ownership entity is a licensed REALTOR in the state of Iowa.

Monthly Payment Calculator

© 2023 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 Graf Real Estate ERA Powered. Data last updated: 2023-12-04T12:42:30.837.
www.cedarrapidsareahomes.com/homes/135646292
Print Image

8905 6th Street SW , Land Lease Cedar Rapids, IA 52404

  • Price: $150,000
  • Status: Active
  • On Site: 339 Days
  • Updated: 81 min ago
  • MLS #: 2210394
0
Beds
0
Baths
0
½ Baths
4.88
Acres
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Property Description
Land lease opportunity. $150,000/year NNN. Shovel-ready commercial building site strategically located at the intersection of I-380 and Wright Brothers Blvd SW. Well suited for C-store, quick-serve restaurant or retail/sales and service operation. High traffic and high visibility with Average Daily Traffic in excess of 25,000 vehicles at this corner. This intersection is so hot the DOT and the City of Cedar Rapids are working together on a newly engineered traffic design system that will include multiple improvements, such as a new on-ramp to I-380 and expansion of the roadway with additional lanes. Lease rate shall increase 3% annually. A member of the ownership entity is a licensed REALTOR in the state of Iowa.
Property Features

Lot Features Level Property Sub Type Commercial Sewer Public Sewer Tax Annual Amount 26906 Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description SMRC

Listing information © 2023 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Dave Drown of Gld Commercial: 319-731-3400.
© 2023 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 Graf Real Estate ERA Powered. Data last updated: 2023-12-04T12:42:30.837.
 
https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_2_2210394-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_2_2210394-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/1280_boomver_2_2210394-2.jpg
Logo
Graf Real Estate ERA Powered
2252 Blairs Ferry Road
Hiawatha IA, 52233