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Brian Rosteck
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8710 Earhart Lane Sw, Cedar Rapids, IA 52404


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Featured Listing
STATUSActive TOTAL SQFT42, 202 SUB TYPESInvestment PROPERTY TYPECommercial - Investment

Property Description

Prime opportunity to purchase 100% leased, Class A investment property in the Airport-Corridor region. The building is a modern office with a stately presence on I-380 immediately off the Eastern Iowa Airport-Wright Brothers Exit. The tenants are all professional office users who benefit from proximity to the Airport, Iowa City-North Liberty-Coralville employment base to the south as well as new residential projects planned immediately in the area that are situated in the Prairie School District. The area has recently announced or opened new facilities for BAE Systems, SubZero and FedEx. The NOI is currently $680,929.65 with future lease escalations. Under market rent presents an opportunity for future upside.

Property Features

Property Type: Commercial - Investment
Days on Market: 82
Lot Size: 4.34 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $177,357
Year Built: 2000

Feature Descriptions

Building: Multi Tenant
Ceiling Height: 11ft-14ft
Construction: Concrete Block, See Remarks
Flooring: Carpet
Heating/Cooling: Central Air, Central Heat, Gas Heat
Lot Dimensions: 4.34 Acre
Miscellaneous: Elevator, Kitchen Facility, Off Str Pkg, Rest Rooms, Security System, Sprinkler
Power: 220 Volt
Security: yes
Sqft Total: 42,202
Sub Types: Investment
Terms: Cash
Traffic Count: 30001-Up
Transaction Type: Sale
Utilities: Electric, Gas
Water/Sewer/Roads: City Sewer, City Water
Zoning: S-MC

Listed By / Shown By

Listed By


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Shown By

Agent Name: Brian Rosteck
Agent Phone: (319) 350-8450

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 10/01/2022. The listing information on this page last changed on 10/01/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Cedar Rapids MLS (last updated Sat 10/01/2022 4:29:08 PM EST) or NEIRBR MLS (last updated Sat 10/01/2022 4:25:32 PM EST) or ICAAR MLS (last updated Sat 10/01/2022 4:27:36 PM EST) or ECIMLS (last updated Sat 10/01/2022 4:25:03 PM EST). Real estate listings held by brokerage firms other than Skogman Commercial may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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