Exceptional single tenant investment opportunity with 4.5 +/- years remaining on the existing 10 year initial lease at below market rents with upside potential. This office/warehouse building is in great condition and is well located with easy access to I-380 and in an area of continued development. Lot is oversized and could allow for building expansion, Potentially up to an additional 20,000 SF. Tenant pays property taxes, insurance and building maintenance in addition o their base rent. Building features a dock, OH door, lots windows for natural light and a nice mix of open space, private offices, meeting rooms and break area. Strong tenant that has also invested in additional Tls during the lease. A. confidentiality agreement is required for additional lease information to qualified buyers.
Listed By
Agency Name: SKOGMAN REALTY COMMERCIAL
Agent Name: Karl Hoffman
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6060 Huntington Court Ne, Cedar Rapids, IA 52402.
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