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5100 NE Fountains Drive , #100

Cedar Rapids, IA 52411
  • $0
  • STATUS: Active
  • ON SITE: 539 Days
  • MLS #: 202206489
UPDATED: 98 min ago
$0
  • 0
    BEDS
  • 18.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,001
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2013
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Turnkey restaurant with hood vent and outdoor seating area on pond, is available at The Fountains. Existing lightly used restaurant equipment available for purchase. This move-in ready suite is part of a highly visible 19.3-acremixed-use work/play development featuring 40,500 square feet of retail and 200,000 square feet of office. A wide variety of amenities exist in and nearby the development including fast food, casual and sit-down restaurants, a spa, salons, fitness studios, retail shops, and Hy-Vee Grocery. Excellent location off Edgewood Road NE and Blairs Ferry Road, less than one mile off Highway 100/Collins Road extension and I-380 Interchange. Possession: Immediate. Base rate is subject to annual increases. Existing lightly used restaurant equipment available for purchase. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement. SOC 3.0% 1st, 2.5% 2nd, 2.0% 3rd $1M of primary term aggregate base rent; & 1.5% thereafter.



© 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: 2024-06-12T13:26:10.627
www.lepicelite.com/homes/135518445
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5100 NE Fountains Drive , #100 Cedar Rapids, IA 52411

  • Price: $0
  • Status: Active
  • On Site: 539 Days
  • Updated: 98 min ago
  • MLS #: 202206489
0
Beds
0
Baths
0
½ Baths
18.54
Acres
3,001
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
Turnkey restaurant with hood vent and outdoor seating area on pond, is available at The Fountains. Existing lightly used restaurant equipment available for purchase. This move-in ready suite is part of a highly visible 19.3-acremixed-use work/play development featuring 40,500 square feet of retail and 200,000 square feet of office. A wide variety of amenities exist in and nearby the development including fast food, casual and sit-down restaurants, a spa, salons, fitness studios, retail shops, and Hy-Vee Grocery. Excellent location off Edgewood Road NE and Blairs Ferry Road, less than one mile off Highway 100/Collins Road extension and I-380 Interchange. Possession: Immediate. Base rate is subject to annual increases. Existing lightly used restaurant equipment available for purchase. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement. SOC 3.0% 1st, 2.5% 2nd, 2.0% 3rd $1M of primary term aggregate base rent; & 1.5% thereafter.
Exterior Features

Construction Materials Frame Lot Size Acre Range TenToTwentyAcres Lot Size Dimensions Irregular Road Frontage Type CountyRoad Roof Other

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating Central Interior Features ZeroStepEntry

Property Features

Auction Online Bid YN No Business Type FoodAndBeverage Buyer Financing Other Commercial Building Features DisplayWindowFixturesAndFurniturePartiallyFencedSprinklerSystem Common Area Maintenance 8.55 Compensation Remarks 3% Sliding Existing Lease Type Net Expiration Date 2024-12-31 Green Verification YN No Listing Terms Other Possession Immediate Property Sub Type Commercial Special Features None Tax Annual Amount 0 Tax Year 2022 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: 2024-06-12T13:26:10.627
 
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