Land lease opportunity. $150,000/year NNN. Soon to be 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.

Listing ID #202206528

Lots/land For Sale

8905 6th Street SW, Cedar Rapids, Iowa 52404

Square Feet0
Construction Year0
Lot Size4.88
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52404
Status CategoryActive
Agent info
Adam Gibbs
GLD Commercial Real Estate Advisors
Mortgage Calculator
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0 Sqft
Cash Conventional
Appt Listing Office
Located at the SE corner of 6th Street SW and Wright Brothers Blvd SW.
Additional Details
4.88 Sqft
2022-12-29 22:13:05
Transportation Rankings

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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