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316 2nd Street SE #130Cedar Rapids, IA 52401

Commercial · 179,079 Sq. ft. | 0.39 Acres
Active

316 2nd Street SE #130 Overview

Time on Site:
574 days
Visits:
11

Former Early Bird Cafe retail suite located on the first level with immediate exterior access and exclusive interior restrooms. Town Centre is a professionally managed property in central downtown Cedar Rapids and offers multiple office suites and sizes available. Offering updated modern office suites, this property is connected to the downtown skywalk system. $7.95 / SF NNN year one base rent offer - Please contact LA for additional information. Landlord will to amortize or provide tenant improvement allowance for qualified tenants. Onsite parking ramp is planning to reopen in 2025 offering exclusive immediate property parking - Tenant parking costs to be negotiated at the time of lease. Listed square Footage is the Useable SF of available suite (Property Load Factor is apprx. 1.13).

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316 2nd Street SE #130 Facts & Features

  • Type Commercial
  • Sq. ft. 179,079
  • Lot 0.39 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Net

Building Information

  • Year Built: 1991

Business Information

  • Business Name: Town Centre

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: SE Quadrant
  • Postal City: Cedar Rapids

Rent/Lease Information

  • Lease Considered: true
  • Tenant Pays: Common Area Maintenance,Electricity,Heat,Insurance,Janitorial Service,Taxes,Water

Tax Information

  • Tax Annual Amount: 144648.0

General Information

  • Parcel Number: 1428130002
  • Property Sub Type: Office
  • Property Type: Commercial Lease
  • Zoning: C

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: false
  • Building Features: Elevator(s),Janitorial Service,Multi-Tenant,Private Restrooms
  • Flooring: Carpet,Concrete
  • Leasable Area: 1679.0
  • Living Area: 179079.0

Unit Information

  • Unit Number: 130

Exterior

Lot Information

  • Lot Size Acres: 0.386
  • Lot Size Area: 0.386
  • Lot Size Dimensions: 16800
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Roof: Membrane

General Information

  • Exterior Features: Sprinkler/Irrigation
  • Sewer: Public Sewer

316 2nd Street SE #130 Neighborhood

Community

52401 (Cedar Rapids) Demographics

34
Median Age
1,624
Population Density (per sq. mile)
46%
College Educated
$39,361
Estimated Median Income
242
Estimated Total Home Owners
901
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

316 2nd Street SE #130 Market Data

Based on the last 30 days in this zip code

$350,204
Average List Price
$244
Average Price per Square Foot
2
Properties Sold
75
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

316 2nd Street SE #130 History

Date Event Value Agent
12/2/2024Source: Cedar Rapids Area MLS Added to Database
December 02, 2024
Listing provided courtesy of Cushman & Wakefield Iowa Commercial Advisors- MLS# 2408156MLS Provider