Commercial For Sale
0 Sqft - 4545 1st Ave SE, Cedar Rapids, Iowa 52402
QR Code
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.

Property 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.

Basic Details
Property Type:
Commercial
Listing Type:
For Sale
Listing ID:
202201331
Price:
$4,085,000
Beds:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
0 Sqft
Construction Year:
2018
Lot Size:
1.10 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52402
Status Category:
Active
Area:
Out Of Area
Features
Heating Fuel:
Central, Gas
Cooling System:
Central A/c
Roof:
Other
Internet:
Yes
Elevators:
Yes
Possible Finance:
Cash, Conventional
Possession:
At Closing
Showing Instructions:
Appt Office
Address Map
Street:
4545 1st Ave SE
Floor Number:
0
Longitude:
W92° 22' 33.4''
Latitude:
N42° 1' 25.1''
More Information
Office Name:
GLD Commercial Real Estate Advisors
Sales Term:
Conventional
Ownership Type:
Retail
Update Date:
03-08-2024 15:23:56
Directions:
On 1st Avenue next to Red Robin, in front of Home Depot. Across from Lindale Mall.
Zoning:
Sub MixedUse Regional Ctr
Lot Dimensions:
0
LA1Agent Logon Name:
i2524
LA1Agent First Name:
Adam
LA1Agent Last Name:
Gibbs
LO1Main Office ID:
291
PriceChangeTimestamp:
01-06-2023
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Adam Gibbs
GLD Commercial Real Estate Advisors
Additional Details
Central A/c
Cash, Conventional
At Closing
Appt Office
03/09/2022
On 1st Avenue next to Red Robin, in front of Home Depot. Across from Lindale Mall.