8950 Earhart Ln ln | Cedar Rapids, IA 52404
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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
| Parcel Number | 19213-76002-00000 | Improvements Assessment | $4,768,500 |
| Land Assessment | $713,500 | Total Assessment | $5,482,000 |
PROPERTY TAXES
Parcel Number
19213-76002-00000
Land Assessment
$713,500
Improvements Assessment
$4,768,500
Total Assessment
$5,482,000
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