Commercial Lease For Sale
63,000 Sqft - 42nd, Unit 140, Cedar Rapids, Iowa 52402
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Description

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.

Property Description

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.

Basic Details
Property Type:
Commercial Lease
Listing Type:
For Sale
Listing ID:
2403702
Square Feet:
63,000 Sqft
Construction Year:
2015
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52402
Unit #:
140
Status Category:
Active
Features
Heating:
Central, Gas
Cooling System:
Central Air
Parking:
Off Street
Roof:
Membrane
Exterior:
Sprinkler/Irrigation
Construction:
Stone Veneer
Interior:
Storage
Possession
Stories/Style:
Yes
Address Map
Street:
42nd
Street Number:
4201
Street Suffix:
Street
Floor Number:
0
Longitude:
W92° 18' 0.7''
Latitude:
N42° 1' 17.9''
More Information
Office Name:
SKOGMAN REALTY
Agent Name:
Doug Lemon
Virtual Tour2:
Directions:
On 42nd St NE, CR
Zoning:
SMUCC
Lot Dimensions:
Lease
LA1Agent Logon Name:
lemondoug121
LA1Agent First Name:
Doug
LA1Agent Last Name:
Lemon
LO1Main Office ID:
CSKN
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Doug Lemon
SKOGMAN REALTY
Additional Details
Central Air
Sprinkler/Irrigation
Stone Veneer
Storage
Yes
05/23/2024
On 42nd St NE, CR
Lease