6201 16th Avenue SW #2.9 Ac, Cedar Rapids, IA 52404
MLS Number: 2506798 |
Subtype: Commercial | Area: SW Quadrant
$
1,071,428
*sale pending with contingencies* Fully leased and recently improved industrial investment opportunity with a national credit Tenant, United Rentals. Lease is secured under a NNN structure with annual base rent increases. This industrial outdoor storage opportunity is 2.9 acres and features a paved concrete lot, new 6’ high fencing with a 30’ powered gate with keypad entry, and new LED lighting. The current offering provides investors with a 7.0% CAP rate. The adjacent land to the west is also for sale, with an opportunity for a Buyer to secure an additional 7.97-11.01 acres of industrial zoned ground. Buyer to be responsible for unamortized cost of improvements at the time of closing. Contact the listing agent for additional details.
Property
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County: Linn
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Lot Size: 2.9 Ac
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Acres: 2.9000
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Zoning: Lt Ind
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Gross tax: $0.00
Building
Total Building SF: 0
Utilities
Utilities: Electricity Available, Natural Gas Available
Power Available: See Remarks
Water Source: City Water
Sewer: City Sewer
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