704 Enterprise, Cedar Falls, IA 50613

704 Enterprise, Cedar Falls, IA 50613
MLS ID #:
20175541

Property Address:
704 Enterprise
Cedar Falls, IA 50613

County:
Black Hawk

Region:
Cedar Falls South 1B

Area:
Cedar Falls

Location:
Industrial Park

Miles to Highway:
58

Year Built:
1988

Property Type:
Commercial

Sub-Type:
Office/Industrial

Building Description:
Free Standing, Single Tenant, 1 Story

Insulation:
Roof, Side Walls

Date Listed:
October 5th, 2017

Status:
Active

Price:
$1,650,000.00

Ownership:
LL Corp

Possession:
Subject to Tenant Right

Gross Taxes:
32218.00

Tax Year:
2016

Tax Incentives:
TIF District

Gross Op Income:
$116,574.00 Actual

Net Op Income:
$116,574.00 Actual

Tenant Pays:
All

Possible Financing:
Cash Convention

Sale/Rent:
For Sale

Terms/Lease:
Yearly, Renewal Option

Lease Type:
Net

Sale/Lease Type:
Normal Sale

Lease $/Month:
$9,714.00

Lease $/SqFt:
$9.63

For Sale:
Yes

Ivestment:
Yes

Zoning:
Commercial

Potential Use:
Office, Light Industrial, Heavy Industrial

Legal Desc:
CF Industrial Park Lot 8 This sale includes the following parcels, 8913-20-426-009, 8913-20-426-008 and 8914-36-106-002

Drive-In Doors:
1

Amenities:
Cable, Fiber Optics, Wireless Internet, Computer Cabling

Included:
Land, Building

Total Avail Sq Ft:
12,096 sq ft

Total Building Sq Ft:
12,096 sq ft

Warehouse SqFt:
12,096 sq ft

Office SqFt:
3,360 sq ft

Lot Sq Footage:
54,450

Acres:
1.2500

Frontage/Access:
City Street

Exterior:
EIFS

Roof Construction:
Membrane

Wall Construction:
Block

Floor Construction:
Tile/Vinyl, Carpeted, Concrete

Utilities Available:
Electric, Gas, Water, Sewer, Phone, Fiber Optics

Sewer Type:
City Sewer

Heating:
Forced Air, Gas

Cooling:
Central

Remarks: Great opportunity for the NNN investor to add value by leasing vacant space. This sale includes the following parcels, 8913-20-426-009, 8913-20-426-008 and 8914-36-106-002
Realtor/Equal Housing Lender Listing provided courtesy of Lockard Realty Company.
Listing Agent: David Kruse
IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed accurate by the MLS.

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