0 Baths
$135,000
8905 6th Street SW, CedarRapids IA, 52404
Property typeCommercial
Overview
Active
Listed Dec 28, 2023
Updated 10 days ago
Land lease opportunity for 1.65 Acres of 4.46 Acre site. $135,000/year NNN with 2.5% annual escalations. 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. A member of the ownership entity is a licensed REALTOR in the state of Iowa.
Other Property Details
- Taxes
- $25,762
- Tax Frequency
- Annually
- Association Fee Frequency
- Yearly
Courtesy of GLD Commercial Real Estate Advisors, ,
Listing Contact: 319-721-1520
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