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Brian Rosteck
REALTOR®, CCIM
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4545 1st Avenue Se, Cedar Rapids, IA 52402

$4,493,500.00

1 Photos

SQUARE FEET6,874 MLS#2201370 TRANSACTIONSale
STATUSActive TOTAL SQFT6, 874 SUB TYPESInvestment PROPERTY TYPECommercial - Investment

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.

Property Features

Property Type: Commercial - Investment
Days on Market: 206
Lot Size: 1.1 Acres
Roof Type: Membrane
Stories: 1.0
Taxes: $44,286
Year Built: 2018

Feature Descriptions

Building: Multi Tenant
Construction: Frame
Flooring: Carpet
Heating/Cooling: Central Air, Central Heat
Lot Dimensions: 1.1 Ac
Miscellaneous: Off Str Pkg, Rest Rooms, Sign
Sqft Total: 6,874
Sub Types: Investment
Terms: Cash, Other
Traffic Count: 20001-30000
Transaction Type: Sale
Utilities: Electric, Gas
Water/Sewer/Roads: City Sewer, City Water
Zoning: SMRC

Listed By / Shown By

Listed By

Agency Name: GLD COMMERCIAL
Agent Name: Adam Gibbs

agent picture

Shown By

Agent Name: Brian Rosteck
Agent Phone: (319) 350-8450

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/01/2022. The listing information on this page last changed on 10/01/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Cedar Rapids MLS (last updated Sat 10/01/2022 4:54:08 PM EST) or NEIRBR MLS (last updated Sat 10/01/2022 4:45:29 PM EST) or ICAAR MLS (last updated Sat 10/01/2022 4:47:33 PM EST) or ECIMLS (last updated Sat 10/01/2022 4:48:16 PM EST). Real estate listings held by brokerage firms other than Skogman Commercial may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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