Description

Sale-leaseback opportunity with a well-established veterinary clinic tenant. The owner will sign a 3-year lease at $13.95/SF NNN and cover the HOA fees and property taxes. Recent updates include a new roof installed this year with a 30-year warranty and new siding scheduled for completion by the end of November 2025. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal. Conveniently located in Fairfax—an established bedroom community near Cedar Rapids—just an 8-minute drive to I-380 for quick access to the metro area. Cedar Rapids has an approximate population of 276,000 residents with a median age of 37. Contact listing agents for further details.

Listing ID #202506981

Commercial Sale

135 80th St Unit 1
Fairfax, Iowa 52228

$450,000
Lot Size0.69 Acre
Country : US
State : IA
County : Linn
City : Fairfax
Zipcode : 52228
StatusActive
Listing Agent
Angie Glick
GLD Commercial Real Estate Advisors
Mortgage Calculator
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Features
202506981
Frame
Hwy 151/Williams Blvd into Fairfax, turn South on 80th Street SW, property is on your left.
Additional Details
0.69 Acre
Geothermal
Geothermal
Composition
11-05-2025

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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