Price: $135,000 - MLS: 202306438
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.
MLS #: 202306438
Price: $135,000
Lot Size: One To Two Acres, Two To Five Acres
Acreage: 1.65
Lot Dimensions:
Potential Use: Commercial
Zoning: Suburban MU Reg Ctr
Other Structures: None
Utilities: Electricity Available, Natural Gas Available, Sewer Available, City Water
Frontage: County Road, Interstate, Paved
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: GLD Commercial Real Estate Advisors - Agent: Adam Gibbs - Information furnished by Iowa City Area Association of Realtors