Description

An excellent opportunity to purchase a stand-alone NNN Boulder Tap House built in 2023 with 9.5 years remaining. The lease has four 5-year renewals with 10% increases for every option.
Westdale is strategically located on Edgewood Rd with seamless access from Hwy 30 and I-380, giving investors the opportunity to purchase an infill shopping center in a growing and positive area of the Corridor.
Built in 1979, Westdale was originally comprised of a 900,000 SF traditional two-story enclosed Shopping Mall. In 2014, the mall went through a transformative redevelopment. Now boasting five major big box retail buildings & numerous development pads across 40 acres, Westdale is a vibrant hub of commerce & community. With a diverse tenant mix, including PetSmart, Ross Dress for Less, Michael’s, Burlington, JCPenney, GSA (VA Clinic) and more, currently 100% occupied, drawing from local, regional, and national markets.

Listing ID #2406071

Commercial Sale For Sale

4515 Westdale, Cedar Rapids, Iowa 52404

$2,415,479
Square Feet5,500
Construction Year2023
Lot Size1.37 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52404
Status CategoryActive
Virtual Tour: View Tour
Agent info
Ryan Fitzpatrick
Cushman & Wakefield Iowa Commercial Advisors
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

Features
2406071
Commercial Sale
5,500 Sqft
2023
See Remarks
From Hwy 30 take Exit 250 toward Edgewood Rd. Turn right onto Edgewood RD SW. Turn left toward Westdale Pkwy. Turn right onto Westdale Pkwy SW.
Additional Details
1.37 Acre
Central Air
See Remarks
2024-08-26 00:00:00
59677

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.

Request a Showing

Have a question we can answer this property? Interesting in scheduling a showing? Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property.

View Similar Listings

Property