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420 12th Ave SE
Cedar Rapids, IA 52401
Asking Price
$525K
Asset Type
Traditional Office Retail
Class
Class B
What's Special
STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE - FLOOR 1 <ul><li>CAD drawings & engineering available </li><li>Restrooms, Janitorial, & Management Option</li><li>Private Interior Mailbox, 2 emergency staircases </li><li>Secure Front Entrance</li><li>Elevator, Overhead Safety Sprinkler System </li><li>Natural Lighting with large windows </li><li>10’ Ceiling Height with Exposed Venting </li><li>Concrete Walls, & Flooring, Steel & Wood Framing </li><li>Pella Commercial Energy efficient windows</li><li>Fiber Internet and cable option </li><li>E
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NOI
$80,000
Cap Rate
15.24%
DSCR
2.57
Strong
Cash-on-Cash
31.00%
Monthly Payment
$2,597.414
Annual Cash Flow
$48,831.037
