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High quality tilt up concrete construction with 24' sidewalls, docks, overhead and small office just a few blocks off I-380 at the 33rd Avenue exit. Currently leased with an annual NOI of $364,500 at an under market rate with lease expiration pending spring 2018. Tenant has no options to renew at current rate. Property sits on 4.63 acres. Ideal property for an owner occupant or an investor wanting to negotiate an extension with the current tenant at a fair market rate. Currently certified as a USTA food grade warehouse.

Presented By

Tiffany A. Earl, J.D.

Direct 319-651-8165 Office 319-363-8286

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Property

Subtype
Investment,Warehouse
Area
SW Quadrant
Lot Size
4.63 Acre
Acres
4.63
Year Built
1994
County
Linn
Zoning
I-1
Gross Tax
$91984
Traffic Count
1001-5000

Building

Total SqFt
81,000

Ceiling Height
  • 21ft-25ft

Floor
  • Concrete Slab

Utilities

Heating/Cooling
  • Central Air
  • Central Heat
  • Gas Heat

Utilities
  • Electric
  • Gas

Power Available
  • 220 Volt
  • 440 Volt

Terms

Terms
  • Cash
  • Exchange

Map & Points of Interest

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Community Info

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Listing Agent: Tiffany Earl Williams | Office: Skogman Realty Commercial | Data courtesy of Cedar Rapids Association of Realtors MLS