Description

To investors an excellent opportunity to purchase a stand-alone NNN Burlington. Originally a 15-year lease, with 6.5 years remaining, & a rental increase in 3 years of 10%.
Westdale is strategically located on Edgewood Rd with seamless access from Hwy 30 & I-380, giving investors the opportunity to purchase an infill shopping center in a growing and positive area of the Corridor.
Originally 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 and numerous development pads across 40 acres, Westdale is a vibrant hub of commerce and community. With a diverse tenant mix, including PetSmart, Ross Dress for Less, Michael’s, Burlington, JCPenney, GSA (VA Clinic) & more, 100% occupied, drawing from local, regional, & national markets.

Listing ID #2406085

Commercial For Sale

3475 Westdale Drive SW, Cedar Rapids, Iowa 52404

$6,595,555
Beds0
Square Feet40,400
Construction Year2016
Lot Size3.24 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52404
Baths0
Status CategoryActive
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Agent info
Ryan Fitzpatrick
Cushman & Wakefield Iowa Commercial Advisors
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Features
2406085
Commercial
40,400 Sqft
2016
From Hwy 30 take exit 250 toward Edgewood Rd. Turn right on to Edgewood Rd SW. Turn left onto 29th Ave SW. Turn right toward Westdale Pkwy SW. Turn left onto Westdale Pkwy SW. Turn right to Westdale Dr.
Additional Details
3.24 Acre
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Storage
2024-09-03 19:13:22
60113

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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