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Off market
  • $278,300

    2123 N Towne Ln NE, Cedar Rapids, IA 52402

    --beds
    0baths
    --sqft
    SingleFamily
    Built in 1995
    1.56 Acres lot
    $278,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Excellent single tenant investment opportunity! Lease with ServiceMaster, a privately held fortune 1000 company. Triple Net Lease with 4 years remaining. Offered at an 8% cap rate, NOI is $96,000. Tenant is responsible for building maintenance. Located off Blairs Ferry Road with convenient access to I-380. Building was constructed in 1997 and includes 3750 square feet of office space, 8250 sf shop/work area (20 ft ceilings), and 5600 sf warehouse. Fenced outdoor storage space and two docks. Large pylon sign visible from I-380. One of the owners is a licensed Realtor in the State of Iowa.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 1.56 Acres

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1995

    Community & neighborhood

    Location
    • Region: Cedar Rapids
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $278,300
    2% more+ $5,566
    With Zillow Showcase(estimated)
    $283,866