Property Description

Land lease opportunity. $150,000/year NNN. 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. Lease rate shall increase 3% annually. A member of the ownership entity is a licensed REALTOR in the state of Iowa.

Features
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52404
6th
8905
Street
W92° 19' 26.2''
N41° 54' 6.4''
Located at the SE corner of 6th Street SW and Wright Brothers Blvd SW.
SW Quadrant
SW
Land Lease
MLS Addon
GLD COMMERCIAL
Dave Drown
$0
$0
$0
$0
$0
Additional Information
: Level
4.47 Ac
2022-12-28
https://www.propertypanorama.com/instaview/cdr/2210394
: Public
Financial
26906.0
Listing Information
Erica Seelman
seelmanerica121
CGLDC
GLD COMMERCIAL
drowndave121
CGLDC
Lease,Lease Option
Active
2024-12-16T18:17:53Z
CDR
2023-12-29T09:05:11Z

8905 6th Street Sw Land Lease, Cedar Rapids, Iowa 52404 - Farm For Sale

8905 6th Street Sw Land Lease, Cedar Rapids, Iowa 52404

4.47 Acre
$150,000
Listing ID #2210394
Basic Details
Property Type : Farm
Listing Type : For Sale
Listing ID : 2210394
Price : $150,000
Lot Area : 4.47 Acre
Status : Active
Property Sub Type : Commercial
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent