Property Description

Prime opportunity to purchase 100% leased, Class A investment property in the Airport-Corridor region. The building is a modern office with a stately presence on I-380 immediately off the Eastern Iowa Airport-Wright Brothers Exit. The tenants are all professional office users who benefit from proximity to the Airport, Iowa City-North Liberty-Coralville employment base to the south as well as new residential projects planned immediately in the area that are situated in the Prairie School District. The area has recently announced or opened new facilities for BAE Systems, SubZero and FedEx. The NOI is currently $680,929.65 with future lease escalations. Under market rent presents an opportunity for future upside.

Features
: Central, Gas
: Central Air
: Sprinkler/irrigation
: Carpet
: Off Street
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52404
Earhart
8710
Lane
0
W92° 20' 4.7''
N41° 53' 38''
I-380 to Wright Bros Blvd SW-East; Lt on Earhart Ln SW
SW
MLS Addon
SKOGMAN REALTY COMMERCIAL
Tiffany Earl Williams
$0
0 Sqft
$0
$0
$0
$0
Full,unfinished
0 Sqft
: Kitchen Facilities, Private Restrooms, Elevator(s), Multi-tenant
0
4
River
Two
earltiffany121
CSKN05
4.34 Acre
Active
192145200100000
: Membrane
: Public Sewer
2
S-MC

Commercial Sale For Sale

8710 Earhart Lane, Cedar Rapids, Iowa 52404

42,202 Sqft
$9,985,000
Listing ID #2206002
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2206002
Price : $9,985,000
Square Footage : 42,202 Sqft
Year Built : 2000
Lot Area : 4.34 Acre
Property Sub Type : Investment
Status : Active
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent