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8950 Earhart Ln ln
Cedar Rapids, IA 52404
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Rare Corporate Guaranteed Lease | Pilot Travel Centers LLC
  • Long Term Lease | 19+ Year Lease with 10% Increase Every Five Years | September 2023 Commencement
  • Pilot Flying J is 80% Owned by Warren Buffett-controlled Berkshire Hathaway (S&P: AA+)
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Fee Simple Ownership Allowing For Depreciation | 60% Bonus Available in 2024 (Consult CPA)
  • Largest Network of Travel Centers in North America | 750+ Retail and Fueling Stations in 44 States and six Canadian Provinces

PROPERTY FACTS

Property Type
Retail
Building Size
7,683 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
6.30 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19213-76002-00000
Land Assessment
$713,500
Improvements Assessment
$4,768,500
Total Assessment
$5,482,000
  • Listing ID: 30637217

  • Date on Market: 1/11/2024

  • Last Updated:

  • Address: 8950 Earhart Ln ln, Cedar Rapids, IA 52404

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