IA > Cedar Rapids
Cedar Rapids, IA 52402,4545 1st AVE SE
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WHY USA Eastern Iowa Realty

WHY USA Eastern Iowa Realty

+1(319) 892-3344
$4,085,000
Est. payment /mo
6,874 SqFt
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UPDATED:

09/30/2024 03:30 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 6,874 sqft

Price per Sqft $594

MLS Listing ID 2201370

HOA Y/N No

Total Fin. Sqft 6874

Year Built 2018

Annual Tax Amount $44,352

Lot Size 1.100 Acres

Acres 1.1

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.

Location

State IA

County Linn

Area Se Quadrant

Zoning SMRC

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Carpet

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Off Street

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Membrane

Building

Building Description Frame, Multi-Tenant,Private Restrooms,Pole Sign

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Others

Tax ID 14024-51001-00000

Acceptable Financing Cash, Other

Listing Terms Cash, Other

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Listed by GLD COMMERCIAL

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agent

WHY USA Eastern Iowa Realty

+1(319) 892-3344

Broker | License ID: F05345000

Broker License ID: F05345000

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