Commercial Sale
- 80th St, Unit 1, Fairfax, Iowa 52228
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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.

Property 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.

Basic Details
Property Type:
Commercial
Listing Type:
Sale
Listing ID:
202506981
Price:
$450,000
Lot Size:
0.69 Acre
Country:
US
State:
IA
County:
Linn
City:
Fairfax
Zipcode:
52228
Unit #:
1
Features
Heating:
Geothermal
Cooling System:
Geothermal
Roof:
Composition
Construction:
Frame
Address Map
Street Number:
135
Street:
80th St
Floor Number:
0
Longitude:
W92° 13' 33.3''
Latitude:
N41° 55' 41.6''
More Information
Office Name:
GLD Commercial Real Estate Advisors
Directions:
Hwy 151/Williams Blvd into Fairfax, turn South on 80th Street SW, property is on your left.
Zoning:
C-2
LA1Agent Logon Name:
i2925
LA1Agent First Name:
Angie
LA1Agent Last Name:
Glick
LO1Main Office ID:
IGLD
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Angie Glick
GLD Commercial Real Estate Advisors
Additional Details
Geothermal
Frame
11/05/2025
Hwy 151/Williams Blvd into Fairfax, turn South on 80th Street SW, property is on your left.