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Retail restaurant investment for sale on the SW side of Cedar Rapids. Established business, Red Ginger, is currently leasing the property on a Gross lease and has a scheduled rent increase on April 1, 2025. Current lease expires Spring 2027 with renewal options. Tenant is responsible for utilities, ...maintenance, and lawn care. Landlord is responsible for RE Taxes, building insurance, and snow removal.
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MLS#
2500723
Property Type
Retail
Year Built
2002
Lot Size
0.85
Sewer
Public Sewer
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