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310 Collins Road Ne, Cedar Rapids, IA 52402

$1,450,000.00
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SQUARE FEET5,000 MLS#2006174 TRANSACTIONSale
STATUSActive TOTAL SQFT5, 000 SUB TYPESInvestment PROPERTY TYPECommercial - Investment
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Property Description

Fully occupied, two tenant investment property at one of the best locations in Cedar Rapids on Collins Road NE between Lindale Mall and Rockwell Collins. Tenants are Nothing but Noodles and Americans for Prosperity. Both tenants recently renewed their leases early. NNN leases. Some of the highest traffic counts and demographics in Cedar Rapids. Great visibility and plenty of parking. With upcoming lease bumps NOI is approximately $98,000 per year.

Property Features

Property Type: Commercial - Investment
Basement: Yes
Days on Market: 628
Lot Size: 1.76 Acres
Roof Type: Membrane
Stories: 1.0
Taxes: $64,544
Year Built: 1977

Feature Descriptions

Building: Multi Tenant
Ceiling Height: 7ft-10ft
Construction: Frame
Flooring: Carpet, Concrete Slab
Heating/Cooling: Central Air, Central Heat, Gas Heat
Lot Dimensions: 1.76 Acre
Miscellaneous: Disp Window, Kitchen Facility, Off Str Pkg, Rest Rooms, Sign, Sprinkler, Storage Area
Power: 220 Volt
Sqft Total: 5,000
Sub Types: Investment
Terms: Cash
Traffic Count: 30001-Up
Transaction Type: Sale
Utilities: Electric, Gas
Water/Sewer/Roads: City Sewer, City Water
Zoning: Sub Mix

Listed By / Shown By

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Listed By

Agency Name: SKOGMAN REALTY COMMERCIAL
Agent Name: Tiffany Earl Williams

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