8905 6th ST SW #Land Lease, Cedar Rapids, IA 52404
8905 6th ST SW #Land Lease, Cedar Rapids, IA 52404
8905 6th ST SW #Land Lease, Cedar Rapids, IA 52404
8905 6th ST SW #Land Lease, Cedar Rapids, IA 52404
8905 6th ST SW #Land Lease, Cedar Rapids, IA 52404
8905 6th ST SW #Land Lease, Cedar Rapids, IA 52404
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JJ Johannes

JJ Johannes

+1(319) 540-1002
$ 135,000
Est. payment | /mo

1.65 Acres Lot

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$ 135,000
Est. payment | /mo
Save Virtual Tour

1.65 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2210394

HOA Y/N No

Annual Tax Amount $25,762

Lot Size 1.650 Acres

Acres 1.65

Property Sub-Type Commercial

Property Description

Land lease opportunity for 1.65 Acres of 4.46 Acre site. $135,000/year NNN with 2.5% annual escalations. Shovel-ready commercial building site strategically located at the intersection of I-380 and Wright Brothers Blvd SW. Well suited for C-store, quick-serve restaurant or retail/sales and service operation. High traffic and high visibility with Average Daily Traffic in excess of 25,000 vehicles at this corner. This intersection is so hot the DOT and the City of Cedar Rapids are working together on a newly engineered traffic design system that will include multiple improvements, such as a new on-ramp to I-380 and expansion of the roadway with additional lanes. A member of the ownership entity is a licensed REALTOR in the state of Iowa.

Location

State IA

County Linn

Area Sw Quadrant

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Building

Lot Description Level

Sewer Public Sewer

Water Public

Others

Tax ID 19282-26010-00000

Acceptable Financing Lease, Lease Option

Listing Terms Lease, Lease Option

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2210394

Listed by GLD COMMERCIAL

NEARBY SCHOOLS & PROPERTIES

JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(319) 540-1002

jj@thejohannesgroup.com

360 White Pine Street, Robins, IA, 52328, United States

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8905 6th ST SW #Land Lease