1239 1st Ave

Retail: Freestanding

1239 1st Ave SE, Cedar RapidsIA 52402

Property Details

Location

Address
1239 1st Ave SE, Cedar RapidsIA 52402
County
Linn
Submarket
IA - Cedar Rapids
In Opportunity Zone
Yes

Building Size

Building Size
5,432 SF

Building Details

Type
 Retail: Freestanding
Number of Buildings
1
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
C
Building Status
Existing
Floors
1
Year Built
1960
Sprinklers
Primary Const.
Framed
Parking Ratio
Legal Desc.
Lands A Lot 60' X 140' In Sw Sw Nw Lyg Ne'ly Of Lot 7 Ap 13 Str/Lb 22 83 7

Land & Utilities

Land (Acres)
0.19 Acres
Land (SF)
8,448 SF
Zoning
Lot Depth
Lot Width
60 ft

Contacts

Current Listings

Retail/Office for Lease

5,352 SF $7.95 Annual/SF
Skogman Realty

Prime 1st Avenue location in the MedQuarter area, directly

across from Coe College. The building will have a modern façade with planned exterior upgrades. Centrally located and with convenient off-street parking. Easy access to I-380. Mix of private offices, open office, break room and a conference room. Great 1st Avenue visibility with a high traffic count. Ownership willing to upgrade interior with exposed ductwork or consider other TI for qualified tenants. Includes full dry basement for additional storage at no additional cost. Base rent will have annual bumps of 3%. Landlord will amortize interior improvements if required.

Skogman Realty

Prime 1st Avenue location in the MedQuarter area, directly

across from Coe College. The building will have a modern façade with planned exterior upgrades. Centrally located and with convenient off-street parking. Easy access to I-380. Mix of private offices, open office, break room and a conference room. Great 1st Avenue visibility with a high traffic count. Ownership willing to upgrade interior with exposed ductwork or consider other TI for qualified tenants. Includes full dry basement for additional storage at no additional cost. Base rent will have annual bumps of 3%. Landlord will amortize interior improvements if required.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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