Single Tenant Net Leased Property (STNL). This 16,920 SF net-leased property is leased until 12/31/2027. The tenant has an option to extend the lease until 2030. Current base rent is $137,280/yr and has a 4% annual base rent escalation. The entire building is conditioned with heat and AC. Sidewalls are 20′ and 21′ clear span steel construction. Standing seam steel roof. The property has one 10′ semi-loading dock door and one 14′ overhead door. The property has 22 off-street parking spaces. This is an exceptionally well maintained office warehouse location in the industrial neighborhood south of Highway 30 and west of I-380.
Commercial Sale
6430 4th Street SW
Cedar Rapids, Iowa 52404
Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.
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