2811 Wiley Boulevard SW

    Cedar Rapids, IA 52404
    • $2,850,000
    • STATUS: Active
    • ON SITE: 798 days
    • MLS #: 1604523
    UPDATED: 59 min ago
    $2,850,000
    • 0
      BEDS
    • 2.66
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 37,682
      SQFT
    • $76
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    Description

    Attention investors! Sale leaseback of strategic corner in Westdale redevelopment at the signalized corner of Wiley and Williams. Property consists of a 37,000 SF strip center sitting on 2.66 acres. Current owners will enter into a master leaseback of the entire property based off a 6 cap with 10 year term. Rate to be $190,000 per year, absolute net.

    Monthly Payment Calculator

    © 2018 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WHY USA Eastern Iowa Realty. Data last updated: 2018-06-23T18:42:52.13.
    www.whyusa.com/homes/61685831

    2811 Wiley Boulevard SW Cedar Rapids, IA 52404

    • Price: $2,850,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 1604523
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.66
    Acres
    37,682
    SQFT
    $76
    $/SQFT
    1980
    Built
    Neighborhood:
    SW Quadrant
    County:
    Linn
    Area:
    SW Quadrant
    Property Description
    Attention investors! Sale leaseback of strategic corner in Westdale redevelopment at the signalized corner of Wiley and Williams. Property consists of a 37,000 SF strip center sitting on 2.66 acres. Current owners will enter into a master leaseback of the entire property based off a 6 cap with 10 year term. Rate to be $190,000 per year, absolute net.
    Exterior Features

    Construction Methods Concrete Block Lot Size 2.66 Acre Roof Membrane Street View Param 1$41.950365$-91.72254900000001$261.42$13.33$1.00$Ukpy9af3iyufd8wsfefqda

    Interior Features

    Basement YN No Ceiling Height 7Ft-10Ft Flooring Concrete Slab Heating Cooling Central AirCentral HeatGas Heat

    Property Features

    Additional Info Copies LeaseFloor PlanPhotos Building Description Multi Tenant For Lease No For Sale Yes Gross Tax 65578 Miscellaneous Disp WindowKitchen FacilityOff Str PkgRest RoomsSignSprinkler Net Tax 0 Possession Immediate Power 220 Volt Property Sub Types Investment Restricted Listing No Terms Cash Traffic Count 20001-30000 Water Sewer Roads City SewerCity Water Zoning C2

    Listing provided courtesy of Tiffany Earl Williams of Skogman Realty Commercial.
    © 2018 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
    © 2018 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WHY USA Eastern Iowa Realty. Data last updated: 2018-06-23T18:42:52.13.
     
    WHY USA Eastern Iowa Realty
    260 33rd Ave. SW, Ste E
    Cedar Rapids IA, 52404