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...read more
Taxes
$25,762 Taxes
Property Type
Land - Commercial
Days on Site
994
Improvements
Other
Lot Description
Level
Lot Size
1.65 Acres
Potential Use
Commercial/Industrial
Present Use
Platted
Road Frontage
County/City Road, Interstate Service, Pavement
Taxes
$25,762
Topography
Level
Utilities Available
Electricity, Natural Gas, Sewer, Water-City
Zoning
Suburban MU Reg Ctr