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1120 Depot Ln Se

Cedar Rapids, IA 52401
  • $0
  • STATUS: Active
  • ON SITE: 1605 Days
  • MLS #: 20186273
$0
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,732
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2017
County:
Area:

School Ratings & Info

Description

Building C and D at The Depot, a six acre mixed-use work/live/play development comprised of main floor office/retail with residential above. Each building has dedicated off-street parking. The Depot sits behind NewBo City Market in the heart of New Bohemia Main Street (NewBo) District. With its pedestrian/bike friendly structure and location along the Cedar Valley Nature Trail system, there is so much to see and do in the area, including a wide variety of unique destinations including retail shops, restaurants, coffee shops, salons, bars and more. Tenant allowance $10.00. Pricing Schedule: Six Months Free Base Rent (Tenant pays CAMS) Year 1: $10.95 PSF NNN Year 2: $12.95 PSF NNN Year 3: $13.35 PSF NNN Year 4: $13.75 PSF NNN Year 5: $14.15 PSF NNN For itemized total pass through/sf, please contact agent. Lease rate is an introductory rate and subject to annual increases. 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. Commission schedule shall be applied to all leases with base terms of up to 10 years. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement.



© 2024 Iowa City Area Association of Realtors. 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 Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2024-05-26T22:26:16.37
www.lepicelite.com/homes/102016949
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1120 Depot Ln Se Cedar Rapids, IA 52401

  • Price: $0
  • Status: Active
  • On Site: 1605 Days
  • MLS #: 20186273
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1,732
SQFT
$0
$/SQFT
2017
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Property Description
Building C and D at The Depot, a six acre mixed-use work/live/play development comprised of main floor office/retail with residential above. Each building has dedicated off-street parking. The Depot sits behind NewBo City Market in the heart of New Bohemia Main Street (NewBo) District. With its pedestrian/bike friendly structure and location along the Cedar Valley Nature Trail system, there is so much to see and do in the area, including a wide variety of unique destinations including retail shops, restaurants, coffee shops, salons, bars and more. Tenant allowance $10.00. Pricing Schedule: Six Months Free Base Rent (Tenant pays CAMS) Year 1: $10.95 PSF NNN Year 2: $12.95 PSF NNN Year 3: $13.35 PSF NNN Year 4: $13.75 PSF NNN Year 5: $14.15 PSF NNN For itemized total pass through/sf, please contact agent. Lease rate is an introductory rate and subject to annual increases. 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. Commission schedule shall be applied to all leases with base terms of up to 10 years. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement.
Exterior Features

Construction Materials BrickFramePrecastConcretePrecastStone Lot Size Acre Range LessThanHalfAcre Lot Size Dimensions Irregular Road Frontage Type CountyRoadPaved Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating Central

Property Features

Auction Online Bid YN No Business Type OfficeBuildingRetail Buyer Financing Other Commercial Building Features DisplayWindow Common Area Maintenance 7.4 Compensation Remarks 3% sliding Existing Lease Type Net Expiration Date 2024-07-31 Green Verification YN No Listing Terms Other Possession Negotiable Property Sub Type Commercial Special Features None Tax Annual Amount 8980 Tax Year 2017 Utilities ElectricityAvailableSewerAvailablePhoneAvailableCityWater Zoning U-NG

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Craig Byers of Q4 Real Estate: 319-294-3339.



© 2024 Iowa City Area Association of Realtors. 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 Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2024-05-26T22:26:16.37
 
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