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5100 Fountains Drive Ne , #108

Cedar Rapids, IA 52411
  • $0
  • STATUS: Active
  • ON SITE: 733 Days
  • MLS #: 202201007
UPDATED: 72 min ago
$0
  • 0
    BEDS
  • 18.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,879
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2013
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

2nd Generation retail space, move-in ready for another personal care business. Prime location in a 19.3 acre mixed-use development known as The Fountains, with a variety of fast food, restaurants, spa, salons, fitness studios, business offices and Hy-Vee grocery store. Location has high visibility at the intersection of Edgewood Road NE and Blairs Ferry Road, just off Hwy 100/Collins Rd extension where traffic counts exceed 35,000 vehicles per day. Possession: Immediate. SOC is 3% of the first $1,000,000 of primary term aggregate base rent; 2.5% of the next $1,000,000 of primary term aggregate base rent; 2% of the next $1,000,000 of primary aggregate base rent and 1.5% of primary term aggregate base rent thereafter. 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: 2024-02-28T20:25:45.81
www.lepicelite.com/homes/126116823
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5100 Fountains Drive Ne , #108 Cedar Rapids, IA 52411

  • Price: $0
  • Status: Active
  • On Site: 733 Days
  • Updated: 72 min ago
  • MLS #: 202201007
0
Beds
0
Baths
0
½ Baths
18.54
Acres
2,879
SQFT
$0
$/SQFT
2013
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
Viola Gibson
Middle School:
Harding
High School:
Kennedy
Property Description
2nd Generation retail space, move-in ready for another personal care business. Prime location in a 19.3 acre mixed-use development known as The Fountains, with a variety of fast food, restaurants, spa, salons, fitness studios, business offices and Hy-Vee grocery store. Location has high visibility at the intersection of Edgewood Road NE and Blairs Ferry Road, just off Hwy 100/Collins Rd extension where traffic counts exceed 35,000 vehicles per day. Possession: Immediate. SOC is 3% of the first $1,000,000 of primary term aggregate base rent; 2.5% of the next $1,000,000 of primary term aggregate base rent; 2% of the next $1,000,000 of primary aggregate base rent and 1.5% of primary term aggregate base rent thereafter. 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 Frame Lot Size Acre Range TenToTwentyAcres Lot Size Dimensions Irregular Road Frontage Type CountyRoadInterstateHighway Roof Other

Interior Features

Cooling CentralAir Flooring ConcreteSlabGrade Heating ElectricNaturalGasCentral Interior Features ZeroStepEntry

Property Features

Auction Online Bid YN No Business Type Retail Buyer Financing Other Commercial Building Features DisplayWindowFixturesAndFurnitureSecuritySystemSprinklerSystemOther Common Area Maintenance 8.55 Compensation Remarks 3% Sliding Existing Lease Type Net Expiration Date 2025-02-28 Green Verification YN No Possession Negotiable Property Sub Type Retail Special Features None Tax Annual Amount 0 Tax Year 2021 Utilities CableAvailableElectricityAvailableNaturalGasAvailableSepticSewerAvailablePhoneAvailableUndergroundUtilitiesCityWater Zoning S-MC

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: 2024-02-28T20:25:45.81
 
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