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1940 Blairs Ferry Rd , #102

Hiawatha, IA 52233
  • $0
  • STATUS: Active
  • ON SITE: 1603 Days
  • MLS #: 20186245
UPDATED: 143 min ago
$0
  • 0
    BEDS
  • 3.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,112
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2017
County:
Area:

School Ratings & Info

Description

Upscale 18+ acre retail development conveniently located in Hiawatha across the street from NE Cedar Rapids. BTS lease price $15.95 - $18.95 PSF NNN depending upon tenant build-out. Tenant Improvement allowance up to $10.00 PSF. All lot/building sizes are preliminary/conceptual and can be platted to accommodate buyer/tenant's development plan. The NE quadrant of Cedar Rapids has the highest average household income within the metro area and is characterized as a rapidly expanding residential and commercial submarket. Traffic counts in excess of 35,000 vehicles per day. Subject to design review/covenants. Lease price is per square foot. For itemized total pass through/sf, please contact agent. 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: 2024-05-25T19:26:11.757
www.lepicelite.com/homes/102016932
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1940 Blairs Ferry Rd , #102 Hiawatha, IA 52233

  • Price: $0
  • Status: Active
  • On Site: 1603 Days
  • Updated: 143 min ago
  • MLS #: 20186245
0
Beds
0
Baths
0
½ Baths
3.6
Acres
2,112
SQFT
$0
$/SQFT
2017
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Property Description
Upscale 18+ acre retail development conveniently located in Hiawatha across the street from NE Cedar Rapids. BTS lease price $15.95 - $18.95 PSF NNN depending upon tenant build-out. Tenant Improvement allowance up to $10.00 PSF. All lot/building sizes are preliminary/conceptual and can be platted to accommodate buyer/tenant's development plan. The NE quadrant of Cedar Rapids has the highest average household income within the metro area and is characterized as a rapidly expanding residential and commercial submarket. Traffic counts in excess of 35,000 vehicles per day. Subject to design review/covenants. Lease price is per square foot. For itemized total pass through/sf, please contact agent. 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 Other Lot Size Acre Range TwoToFiveAcres Lot Size Dimensions Irregular Road Frontage Type CountyRoadPaved Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling None Flooring Other Heating None

Property Features

Auction Online Bid YN No Business Type FoodAndBeverageOfficeBuildingRetail Buyer Financing CashOther Commercial Building Features DisplayWindow Common Area Maintenance 7.73 Compensation Remarks 3% sliding Existing Lease Type Net Expiration Date 2025-04-30 Green Verification YN No Listing Terms CashOther Possession Negotiable Property Sub Type Commercial Special Features None Tax Annual Amount 0 Tax Year 0 Utilities ElectricityAvailableSewerAvailablePhoneAvailableCityWater Zoning C-2

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: 2024-05-25T19:26:11.757
 
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Iowa City IA, 52246