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1st Ave to 3117 1st Avenue SE

3117 1st Avenue SE, Cedar Rapids, Iowa

$2,700,000
Acres: 1.81
MLS # 20151429
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Property Information
MLS# 20151429
County Linn
Year Built 1926
Property Description
Long term sale leaseback— absolute net lease with Cedar Rapids headquartered, iConnect, Inc. Fifteen year base term with CPI adjustments in year 5, 10 and at renewals. Building is a one-story, 23,000 SF brick office building on 1st Avenue that was totally renovated with high tech finishes in 2006. Large surface lot with off street parking. PROPERTY WEBSITE http://3117.btbcom.com
size & lot
Lot Size 78841
Acres 1.81
Structure
Construction Type Brick,Frame,Steel & Glass,Steel/Metal
Tax & Terms Information
Gross Taxes $50,848
Tax Year 2014
Lease Information
Lease Price 0
Utilities
Heat Gas,Central
Air Conditioner Central A/C
Tenant-Owner Information
Cable TV,Electricity,Sewer,Telephone,Water-City
Listing courtesy of Skogman Realty Corridor
Data courtesy of Iowa City Area Association of Realtors MLS

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