3990 Blairs Ferry Road NE #Lot 1

Price: $ 2,979,504
Location: 3990 Blairs Ferry Rd NE #Lot 1
Listing Type: For Sale
Property Type: Land
Terms: Cash
Acres: 3.6
Ceiling Height: N/A
Gross Tax: N/A
Traffic Count: 30,000

Description

Upscale 18+ acre retail development conveniently located in NE Cedar Rapids. BTS lease price $10.00-$12.00 PSF NNN depending upon tenant build-out. 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 26,000 vehicles per day (projected 35,000+ within the near future). Subject to design review/covenants.