Out Of Area · Linn County · active
Land lease opportunity for 1.65 Acres of 4.46 Acre site. $135,000/year NNN with 2.5% annual escalations. 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. A member of the ownership entity is a licensed REALTOR in the state of Iowa.
No seller disclosure is attached to this listing in the MLS. Ask the listing agent for the Seller’s Property Disclosure Statement before you write an offer.
Read the full disclosure yourself. This is an automated summary of one document, not the document itself, and not legal, structural, or inspection advice. It cannot show which boxes the seller checked, and it may miss or misread items. You must read the complete Seller’s Property Disclosure Statement before you make an offer and before you decide whether to order or waive any inspection. Waiving an inspection on the strength of this summary is not something we can support.
Documents are supplied by the listing brokerage through the ICAAR MLS and are reproduced here as filed. They are deemed reliable but not guaranteed.
8905 6th Street SW, Cedar Rapids, IA, 52404