Commercial Sale
13,919 Sqft - River Center, Cedar Rapids, Iowa 52404
Description
Two tenant 13,919 SF office investment property, GSA Dept of Veterans Affairs and Genova. GSA lease term through January 3, 2042 and Genova lease term through May 31, 2029. Projected 2026 NOI $148,700 priced at 8.6% CAP rate. GSA has initiated a $282,000 remodel of their space showing their continued commitment to the location.
Property Description
Two tenant 13,919 SF office investment property, GSA Dept of Veterans Affairs and Genova. GSA lease term through January 3, 2042 and Genova lease term through May 31, 2029. Projected 2026 NOI $148,700 priced at 8.6% CAP rate. GSA has initiated a $282,000 remodel of their space showing their continued commitment to the location.
Basic Details
Property Type:
Commercial
Listing Type:
Sale
Listing ID:
2509151
Price:
$1,725,000
Square Feet:
13,919 Sqft
Lot Size:
1.59 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52404
Features
Cooling System:
Central Air
Roof:
Metal
Stories/Style:
Yes
Address Map
Street Number:
4250
Street:
River Center
Street Suffix:
Court
Street Dir Suffix:
NE
Floor Number:
0
Longitude:
W92° 17' 56.8''
Latitude:
N42° 1' 10.2''
More Information
Office Name:
Mel Foster Commercial Real Estate Services LLC
Agent Name:
Thad DenHartog
Directions:
Edgewood Rd NE to River Center Ct NE
Zoning:
S-MC
Lot Dimensions:
69260
LA1Agent Logon Name:
DENHARTOGTHA121
LA1Agent First Name:
Thad
LA1Agent Last Name:
Den Hartog
LO1Main Office ID:
CMFC
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Thad Den Hartog
Mel Foster Commercial Real Estate Services LLC
Additional Details
Central Air
Yes
11/05/2025
Edgewood Rd NE to River Center Ct NE
69260
Urban Acres Real Estate