Commercial For Sale
18,241 Sqft - Westdale, Cedar Rapids, Iowa 52404
QR Code
Description

Cushman & Wakefield Iowa Commercial Advisors is pleased to offer to investors an excellent opportunity to purchase a stand-alone NNN PetSmart built in 2017 in Cedar Rapids, IA. The tenant recently waived their early termination right and has 3+ years remaining on their term. The first 5-year option period has a 12.5% increase in base rent, with each 5-year option following with 5% increases.
Westdale is strategically located on Edgewood Road 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.

Property Description

Cushman & Wakefield Iowa Commercial Advisors is pleased to offer to investors an excellent opportunity to purchase a stand-alone NNN PetSmart built in 2017 in Cedar Rapids, IA. The tenant recently waived their early termination right and has 3+ years remaining on their term. The first 5-year option period has a 12.5% increase in base rent, with each 5-year option following with 5% increases.
Westdale is strategically located on Edgewood Road 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.

Basic Details
Property Type:
Commercial
Listing Type:
For Sale
Listing ID:
2406080
Price:
$3,950,000
Square Feet:
18,241 Sqft
Lot Size:
0.49 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52404
Status Category:
Active
Features
Heating:
See Remarks
Cooling System:
See Remarks
Roof:
See Remarks
Construction:
Frame, Block, See Remarks, Concrete
Address Map
Street:
Westdale
Street Number:
3825
Street Suffix:
Parkway
Floor Number:
0
Longitude:
E0° 0' 36''
Latitude:
N0° 0' 36''
More Information
Office Name:
Cushman & Wakefield Iowa Commercial Advisors
Agent Name:
Ryan Fitzpatrick
Virtual Tour2:
Directions:
From Hwy 30 take Exit 250 toward Edgewood Rd. Turn right onto Edgewood Rd SW. Turn left toward Westdale Pkwy. Turn right onto Westdale Pkwy.
Zoning:
S-MR
Lot Dimensions:
21344
LA1Agent Logon Name:
FITZPATRICKR121
LA1Agent First Name:
Ryan
LA1Agent Last Name:
Fitzpatrick
LO1Main Office ID:
CCWICA
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Ryan Fitzpatrick
Cushman & Wakefield Iowa Commercial Advisors
Additional Details
See Remarks
Frame, Block, See Remarks, Concrete
08/26/2024
From Hwy 30 take Exit 250 toward Edgewood Rd. Turn right onto Edgewood Rd SW. Turn left toward Westdale Pkwy. Turn right onto Westdale Pkwy.
21344