Cedar Rapids, IA Retail Property For Sale

Commercial Exchange is the #1 source for Retail property listings in Cedar Rapids, IA

Search Everything

Office for Sale

Cedar Rapids, IA 52402

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers:

5,778 SF BUILDING + 2,300 SF CANOPY

LOT SIZE: 0.771 ACRES

-Former financial institution with drive-thru in place

​-Conveniently located along heavily traveled 1st Avenue in

Cedar Rapids

-​Located in close proximity to downtown Cedar Rapids,

Coe College, and Mount Mercy University - within the College

District

-​Collins Community Credit Union (recently renovated Wells

Fargo) directly across the street

-​Nearby business include: Collins Community Credit Union,

Iowa Eye Center, Hy-Vee, BP, Subway, and more

Retail for Sale

Cedar Rapids, IA 52402

LOCATION OVERVIEW:

Ideally located on 1st Avenue/Hwy 151 in the heart of Cedar Rapids' retail/commercial district near the busiest corner in Linn County. Sited across from Lindale Mall on an outparcel of Home Depot and Marketplace on 1st, offers maximum exposure in the market.

PROPERTY OVERVIEW:

Net leased investment opportunity with two national credit tenants: FedEx Office and Aspen Dental. FedEx Office, with over 2200 locations nationwide, is a strong investment grade tenant with a market capitalization of over $50 Billion. Aspen Dental, the largest and fastest-growing branded network of dental practices in the US

has nearly 900 locations in 42 states nationwide. Aspen Dental has pursued an aggressive growth strategy. The company targets new locations located in super-regional retail areas. In 2020, the company forecasted that more than 800 branded practices will service 5 million patient appointments. Aspen dental net lease properties are highly sought after investments. Considerable term remaining on both leases. Ownership contains licensed real estate professionals in the State of Iowa.

PROPERTY HIGHLIGHTS:

•Net leased retail investment opportunity

•Tenants: FedEx Office, Aspen Dental

Commercial Exchange is a national commercial real estate marketplace powered by Catylist.