5 year lease .Initial base rate of $15.95. Each year thereafter the base rate to increase by $1.00 sq Ft /year. Subject space is located on the main floor with an entrance directly off the parking lot. Currently a restaurant ( with a vent hood system in place!) but there are possibilities to reconfigure for various uses. Located in an upscale center with fellow tenants consisting of Berthel Fisher, Essence Salon, Nails on 42nd St, Winestyles, Massage Heights, a newer dental specialty office building consisting of four specialty dental offices and two office suites. The tenants offer a mix to bring numerous visitors and employees to the center on a daily basis. Located on the corner of one of the city’s busiest intersections in a growing affluent quadrant of the city. Easy access to Hwy 100 as well as I380. Blocks from the Edgewood Rd bridge to the west side of Cedar Rapids. Located equal distance between Kennedy and Xavier High Schools. Ample parking on all 4 sides of the anchor building. Large, three sided monument sign on the corner available to tenant. Listing agent Doug Lemon is an Iowa licensed Real Estate Broker and managing partner of the owner’s LLC.
Commercial Lease For Sale
4201 42nd Street, Unit 140
Cedar Rapids, Iowa 52402
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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