3990 Blairs Ferry Road NE , Lot 4

Description

Upscale 18+ acre retail development conveniently located in Hiawatha. BTS lease price $10.00-$12.00 PSF NNN depending upon tenant build-out. 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 a 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 aggregate base rent, 2.5% of the 2nd $1M of primary term aggregate base rent, 2% of. **Option to subdivide into as small as 2-acre parcels**