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Listing Details

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School Ratings & Info

Description

Upscale 18+ acre retail development conveniently located in Hiawatha. BTS lease price $19.95-$21.95 PSF NNN depending upon tenant build-out. Tenant Improvement Allowance up to $30.00 PSF. All lot/building sizes are preliminary and can be platted to accommodate. The NE quadrant of Cedar Rapids has the highest average household income within the metro area and is rapidly expanding residential and commercial submarket. Subject to design review/covenants.***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 aggr. base rent, 2.5% of the 2nd $1M of

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© 2021 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: 2021-09-20T18:42:28.507.
www.lepicelite.com/homes/69555244
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3990 Blairs Ferry Road NE , Lot 3 Hiawatha, IA 52233

  • Price: $1,572,516
  • Status: Active
  • Updated: 21 min ago
  • MLS #: 1700831
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Beds
0
Baths
0
½ Baths
1.9
Acres
10,800
SQFT
$146
$/SQFT
2017
Built
Neighborhood:
Hiawatha/Robins
County:
Linn
Area:
Hiawatha/Robins
Property Description
Upscale 18+ acre retail development conveniently located in Hiawatha. BTS lease price $19.95-$21.95 PSF NNN depending upon tenant build-out. Tenant Improvement Allowance up to $30.00 PSF. All lot/building sizes are preliminary and can be platted to accommodate. The NE quadrant of Cedar Rapids has the highest average household income within the metro area and is rapidly expanding residential and commercial submarket. Subject to design review/covenants.***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 aggr. base rent, 2.5% of the 2nd $1M of
Interior Features

Basement YN No

Property Features

Lease Considered YN Yes Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 0 Tenant Pays Common Area MaintenanceElectricityHeatInsuranceJanitorial ServiceTaxesTrash CollectionWater Water Source Public Zoning Description C-2

Listing information © 2021 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Craig Byers of Q4 Real Estate.
© 2021 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: 2021-09-20T18:42:28.507.
 
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Iowa City IA, 52246