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Lot 2 NE Edgewood Town Centre , #200

Cedar Rapids, IA 52411
  • $0
  • STATUS: Active
  • ON SITE: 949 Days
  • MLS #: 202104359
$0
  • 0
    BEDS
  • 1.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,821
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2022
County:
Area:

School Ratings & Info

Description

Lot 2 Edgewood Town Centre (ETC) located off of Edgewood Road NE in close proximity to Highway 100/Collins Road extension. This first generation commercial space offers customizable sizes perfect for restaurant, chiropractor, salon/spa, medical clinic, business office or retail shop. Re/Max, Dollar Tree and a 200,000 square foot Fleet Farm store are located on the neighboring lots in this great location in a rapidly expanding residential and commercial district on the northeast side of Cedar Rapids. Starbucks coming soon to Suite 100 in building. 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 the 3rd $1M of primary term aggregate base rent and 1.5% of the primary term agg. base rent thereafter. Commission schedule shall be applied to all leases with base terms of up to 10 years. 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% 1st, 2.5% 2nd, 2% 3rd $1M of primary term aggregate base rent; & 1.5% thereafter. Contact listing agent for developer and use restrictions.



© 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: 2024-03-05T00:25:42.967
www.lepicelite.com/homes/119823178
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Lot 2 NE Edgewood Town Centre , #200 Cedar Rapids, IA 52411

  • Price: $0
  • Status: Active
  • On Site: 949 Days
  • MLS #: 202104359
0
Beds
0
Baths
0
½ Baths
1.18
Acres
2,821
SQFT
$0
$/SQFT
2022
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Property Description
Lot 2 Edgewood Town Centre (ETC) located off of Edgewood Road NE in close proximity to Highway 100/Collins Road extension. This first generation commercial space offers customizable sizes perfect for restaurant, chiropractor, salon/spa, medical clinic, business office or retail shop. Re/Max, Dollar Tree and a 200,000 square foot Fleet Farm store are located on the neighboring lots in this great location in a rapidly expanding residential and commercial district on the northeast side of Cedar Rapids. Starbucks coming soon to Suite 100 in building. 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 the 3rd $1M of primary term aggregate base rent and 1.5% of the primary term agg. base rent thereafter. Commission schedule shall be applied to all leases with base terms of up to 10 years. 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% 1st, 2.5% 2nd, 2% 3rd $1M of primary term aggregate base rent; & 1.5% thereafter. Contact listing agent for developer and use restrictions.
Exterior Features

Construction Materials BrickFrame Lot Size Acre Range OneToTwoAcres Lot Size Dimensions Irregular Road Frontage Type CountyRoadPavedHighway Roof Other

Interior Features

Cooling CentralAir Flooring ConcreteSlabGrade Heating NaturalGasCentral

Property Features

Auction Online Bid YN No Business Type FoodAndBeverageMedicalOrDentalOfficeBuildingRetail Buyer Financing Other Commercial Building Features DisplayWindow Common Area Maintenance 7.4 Compensation Remarks 3% sliding Existing Lease Type Net Expiration Date 2024-07-31 Green Verification YN No Possession Other Property Sub Type Retail Special Features None Tax Annual Amount 0 Tax Year 2021 Utilities SewerAvailablePhoneAvailableCityWater Zoning SMR

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: 2024-03-05T00:25:42.967
 
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2346 Mormon Trek Blvd
Iowa City IA, 52246