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Listing ID: 20186285
Price: $4,617,360
Status: Active
Address: 3990 Blairs Ferry Rd
City: Hiawatha
State: Iowa
Postal Code: 52233
Acres: 10.600
County: Linn
Subdivision: Peck's Landing
Upscale 18+ acre retail development conveniently located in Hiawatha across the street from NE Cedar Rapids. Also offered as build-to-suit. All lot/building sizes are preliminary/conceptual and can be platted to accommodate buyer/tenant's development plan. The NE quadrant of Cedar Rapids has the highest average household income within the metro area and is characterized as a rapidly expanding residential and commercial submarket. Traffic counts in excess of 35,000 vehicles per day. **Option to subdivide into as small as 2-acre parcels**

Primary Features

County: Linn
Property Sub Type: Lot/Land
Property Type: Lots/Land
Subdivision: Peck's Landing
Zoning: C-2


Lot: 4
Lot Dimensions: Irregular
Lot Size: 2-5 Acres
Road Frontage: County/City Road, Interstate Service, Pavement
Topology: Level


Area: Out Of Area
Elementary School: Hiawatha
Geo Address Line: 3990 Blairs Ferry Rd
High School: Kennedy
Junior/Middle School: Harding
Township/Range: N/A


Addendum: Subject to design review/covenants. Commissions based on aggregate base rent (exclusive of any rent attributable to additional rent items such as CAM charges and property tax pass-through expenses, and exclusive of any increases to the base rent attributable to the amortization of any tenant or construction allowance that is not included in the base rent.) in the primary term of the lease. *SOC shall be calculated as follows: 3% of the 1st $1M of primary term aggregate base rent, 2.5% of the 2nd $1M of primary term aggregate base rent, 2% of the 3rd $1M of primary term aggregate base rent and 1.5% of the primary term agg. base rent thereafter. Commission schedule shall be applied to all leases with base terms of up to 10 years. 50% lease execution; 50% rent commencement.
Amenities: Close to Shopping
Associated Document Count: 1
Days on Market: 1612
Documents: Site Plan
Improvements: Curb &amp, Gutter
Internet: yes
Potential Use: Commercial/Industrial
Present Use: Platted
Section: N/A
Status Category: Active
Structure: None
Utilities Available: Electricity, Natural Gas, Sewer, Telephone, Water-City


Address 2: Lot 4
Possible Financing: Cash, Lease Purchase
Sale/Lease: For Sale
Tax ID: 140610400100000
Variable Rate: no

Zoning Info

© 2023 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Craig Byers of Q4 Real Estate

Contact - Listing ID 20186285

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Jeff Edberg

2346 Mormon Trek Blvd, Ste #2000
Iowa City, IA 52246
Phone: 319-331-6187
Phone Alt: 319-331-6187

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