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3315 Williams Boulevard SW

Cedar Rapids, IA 52404
  • $1,350,000
  • STATUS: Active
  • ON SITE: 248 Days
  • MLS #: 2107544
UPDATED: 68 min ago
$1,350,000
  • 0
    BEDS
  • 1.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,424
    SQFT
  • $143
    $/SQFT
Neighborhood:
SW Quadrant
Type:
Commercial
Built:
2004
County:
Linn
Area:
SW Quadrant

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Description

Well maintained retail mall, 100% occupied with Triple Net leases; some national tenants. Net Operating Income potential of $96,120. Cap Rate of 7.12%. Good tenant mix. Brick building. Roof is new in 2021. Drive-Through window. Financials available upon request, but requires a confidentiality statement to be signed by prospect. Subject to 1031 Exchange. Listing Agent is a partial owner and licensed real estate agent in Iowa.

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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 Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2022-07-04T23:42:42.277.
www.lepicelite.com/homes/122894213
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3315 Williams Boulevard SW Cedar Rapids, IA 52404

  • Price: $1,350,000
  • Status: Active
  • On Site: 248 Days
  • Updated: 68 min ago
  • MLS #: 2107544
0
Beds
0
Baths
0
½ Baths
1.25
Acres
9,424
SQFT
$143
$/SQFT
2004
Built
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Property Description
Well maintained retail mall, 100% occupied with Triple Net leases; some national tenants. Net Operating Income potential of $96,120. Cap Rate of 7.12%. Good tenant mix. Brick building. Roof is new in 2021. Drive-Through window. Financials available upon request, but requires a confidentiality statement to be signed by prospect. Subject to 1031 Exchange. Listing Agent is a partial owner and licensed real estate agent in Iowa.
Exterior Features

Construction Materials BlockFrameConcrete Levels One Parking Features Off Street Roof AsphaltShingle Stories Total 1

Interior Features

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

Property Features

Lease Considered YN No Property Sub Type Office Sewer Public Sewer Tax Annual Amount 31851 Tenant Pays Common Area MaintenanceElectricityHeatInsuranceJanitorial ServiceTaxesTrash CollectionWater Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Smu

Listing information © 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Doug Laird 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 Lepic Elite Home Team | Lepic-Kroeger, Realtors. Data last updated: 2022-07-04T23:42:42.277.
 
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