Description

Net leased investment opportunity ideally located on 1st Avenue/Hwy 151 in the heart of Cedar Rapids’ retail/commercial district near the busiest corner in Linn County. National credit tenants include 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. Contact LA for lease terms. Ownership contains licensed real estate professionals in the State of Iowa.

Listing ID #2201370

Commercial Sale For Sale

4545 1st, Cedar Rapids, Iowa 52402

$4,085,000
Beds0
Square Feet6,874
Construction Year2018
Lot Size1.10 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52402
Baths0
Status CategoryActive
Agent info
GLD COMMERCIAL
Mortgage Calculator
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Features
2201370
Commercial Sale
6,874 Sqft
2018
Off Street
Frame
Yes
On 1st Avenue next to Red Robin, in front of Home Depot. Across from Lindale Mall.
Additional Details
1.10 Acre
Central Air
Central
Membrane
2022-03-09 00:00:00
1.1 Ac

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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