$150,000
BEDS
--
BATHS
--
SQFT
--
ACRES
4.47
MLS # 2210394, Listed by GLD COMMERCIAL
8905 6th Street Sw Land Lease is a $150,000 home on a 4.47 acre lot located in Cedar Rapids, IA.
Seller’s 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
INTERIOR
EXTERIOR
| Exterior Features | Utilities - Electricity Available Utilities - Natural Gas Available |
| Land Type | Level |
| Water Source | Public |
| Sewer | Public Sewer |
PROPERTY
| Date on Market | 12/28/2022 |
| Property Type | Farm |
| Property Sub Type | Commercial |
| HOA Fee | $0.00 |
| Taxes | $26,906.00 |
| County | linn |
The real estate listing information and related content displayed on this site 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. This information and related content is deemed reliable but is not guaranteed accurate by the MLS or this website. Data updated every 15 minutes.
