Commercial Sale For Sale
6,874 Sqft - 1st, 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 Sale
Listing Type:
For Sale
Listing ID:
2201370
Price:
$4,085,000
Baths:
0
Half Bathrooms:
0
Square Feet:
6,874 Sqft
Construction Year:
2018
Lot Size:
1.10 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52402
Status Category:
Active
Features
Heating Fuel:
Central
Cooling System:
Central Air
Parking:
Off Street
Roof:
Membrane
Construction:
Frame
Stories/Style:
Yes
Address Map
Street:
1st
Street Number:
4545
Floor Number:
0
Longitude:
W92° 22' 28.6''
Latitude:
N42° 1' 24.5''
More Information
Office Name:
GLD COMMERCIAL
Agent Name:
Adam Gibbs
Directions:
On 1st Avenue next to Red Robin, in front of Home Depot. Across from Lindale Mall.
Zoning:
SMRC
Lot Dimensions:
1.1 Ac
LA1Agent Logon Name:
gibbsadam121
LO1Main Office ID:
CGLDC
PriceChangeTimestamp:
01-06-2023
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
GLD COMMERCIAL
Additional Details
Central Air
Frame
Yes
03/09/2022
On 1st Avenue next to Red Robin, in front of Home Depot. Across from Lindale Mall.
1.1 Ac