420 12th Ave SE

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420 12th Ave SE

Cedar Rapids, IA 52401
Asking Price
Contact for price
Asset Type
Traditional Office Retail
Class
Class B

What's Special

STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE- FLOORS 1-3 <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
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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