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6430 4th Street SW Cedar Rapids, IA 52404 • Commercial - Office • Active

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Description

Single Tenant Net Leased Property (STNL). This 16,920 SF net-leased property is leased until 12/31/2027. The tenant has an option to extend the lease until 2030. Current base rent is $137,280/yr. The entire building is conditioned with heat and AC. Sidewalls are 20' and 21' clear span steel construction. Standing seam steel roof. The property has one 10' semi loading dock door and one 14' overhead door. The property has 22 off-street parking spaces. This is an exceptionally well maintained office warehouse location in the industrial neighborhood south of Highway 30 and west of I-380.

Property Highlights

Property Type: Commercial - Office
Year Built: 2004
Lot Size: 1.46 acres

General Information

County: Linn
Listed By:
SKOGMAN REALTY COMMERCIAL 319-363-8286 Doug Laird
Cedar Rapids MLS
$1,861,000
Est. $12,179/mo
New to the Market Active
SQUARE FEET16,920 MLS#2602079
STATUSActive PROPERTY TYPECommercial - Office
TOUR PROPERTY

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Agent Name: Stevee Bloomquist
 Agent Phone: (319) 899-6081
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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6430 4th Street Sw, Cedar Rapids, IA 52404.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,861,000$1,861,000$1,861,000
Down Payment $65,135$0$372,200
Monthly Mortgage Amount $11,103$11,551$9,046
Taxes $2590$2590$2590
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,116$0$0
Monthly Estimated Total $15,352$14,684$12,179

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