Property Description

Excellent Office Building for sale. All brick exterior with lots of windows & Class A space that has been remodeled and updated over time. Nice mix of 13+ offices with 2+ conference rooms with large reception and cubicle areas. Building can be easily divided into two units of 5,039 sq ft & 2,671 Sq. Ft. units for multi-use or sub-letting. Great central location with quick access to I380 and 32-Car off street parking. TENANT RIGHTS – Building is currently leased through 12/31/2023 for $10.00 PSF NNN (Self-Managed Cap-Rate = 8.5% / 2021-22 Pass-Thoughs are $4.83 PSF & includes Maintenance Contract). NOTE: Building Size is 7,709 per Owner/Blueprint and 7,645 per Assessor.

Features
: Gas
: Central Air
: Carpet
: Off Street
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52404
6th
2801
Street
0
W92° 19' 25.2''
N41° 56' 58.3''
6th St SW to address
SW
MLS Addon
MOTTINGER REAL ESTATE GROUP
Chris Mottinger
$0
0 Sqft
$0
$0
$0
$0
Full,unfinished
0 Sqft
: Private Restrooms, Single-tenant, Multi-tenant
0
1
River
One
mottingerchr121
CMOT
.67 Acre
Active
143335302400000
: Membrane
: Public Sewer
1
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Comm

Commercial Sale For Sale

2801 6th Street, Cedar Rapids, Iowa 52404

7,709 Sqft
$900,000
Listing ID #2208355
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2208355
Price : $900,000
Square Footage : 7,709 Sqft
Year Built : 1977
Lot Area : 0.67 Acre
Property Sub Type : Office
Status : Active
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent