$1,450,000

310 Collins Road NE

Cedar Rapids IA, 52402

Description

Fully occupied, two tenant investment property at one of the best locations in Cedar Rapids on Collins Road NE between Lindale Mall and Rockwell Collins. Tenants are Nothing but Noodles and Americans for Prosperity. Both tenants recently renewed their leases early. NNN leases. Some of the highest traffic counts and demographics in Cedar Rapids. Great visibility and plenty of parking. With upcoming lease bumps NOI is approximately $98,000 per year.

Details

MLS#2006174
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1977
Days On Site183

Features

Story(s)1
ZoningSub Mix

Market Activity 52402

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Area Information
StateIA
CountyLinn
CityCedar Rapids
Zip Code52402
AreaLinn
Listing VS Median (in 52402)
Price:
$1,450,000
low | high
Med:
$0
On Site:
183
low | high
Med:
141.5
100% of Average
Listing Updated: February 27, 2021 12:55:20 PM PST
Tiffany Earl Williams LogoMLS Number: 2006174
Listing Provided By:
Tiffany Earl Williams  of  SKOGMAN REALTY COMMERCIAL
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Cedar Rapids Area Association of Realtors®.