Successful grocery business with real estate, additional tenant and excess land that could be developed or sold. Price !includes equipment valued at $667,000, annual sales over $4,000,000, assignmen t of existing adjacent tenant lease with tmonthly rent of $2,550. Inventory will be valued at the time of closing (Normal range is $190,000 to $200,000). !Retiring owners willing to provide a long term transition. Buyer will need to be pre-~alifi.ed if desiring to retain the Save-A.:tot brand. Save-A-Lot has a matching...
Fully Leased and recently remodeled retail investment opportunity near Super Target! Multi-tenant retail property located along Blairs Ferry Rd NE - nearly 23,000 vehicles per day. The property was extensively renovated in 2021/2022, including a new roof, new façade and all new HVAC. Tenants include: Dunn Brothers Coffee, The Good Feet Store, and Mextizo; all leases are personally guaranteed by principals of the tenant entities. 128 parking spaces included. 7.25% CAP rate. Current NOI: $171,272; subject to annual rental increases...
Shovel-ready commercial building site for sale or land lease opportunity ($150,000/year NNN). Strategically located at the intersection of I-380 and Wright Brothers Blvd SW. Well suited for C-store, quick-serve restaurant or retail/sales and service operation. High traffic and high visibility with Average Daily Traffic in excess of 25,000 vehicles at this corner. This intersection is so hot the DOT and the City of Cedar Rapids are working together on a newly engineered traffic design system that will include multiple improvements,...
Renovated 8 story and 2 story office buildings in the center of downtown revitalization. Many floors and common areas remodeled with long term track record of 85-95% occupancy. Revenue of $406,000 received in 2022 with potential of additional $60,000/year. Connection to skyway system plus several tenant amenities. Renovation project recent completed to create ADA toilets/access plus exterior painting of windows, canopy/soffit, new roof and fire escape update. Great opportunity for continued revenue growth. CA required for qualified buyers. Owners are...
Unlock the potential of this expansive property poised for retail or a dynamic redevelopment in southwest Cedar Rapids. Situated within a thriving retail district just off the bustling Edgewood Road, this spacious site offers many attractive amenities including encompassing windows infusing natural light, a commanding pylon sign, two 12x12 overhead doors, vast off-street parking lot, ample green space and a well-lit yard. Inside, discover a versatile warehouse service area with open showroom and offices, tailored to diverse business needs. Surrounded...
This property is ideally located within the Cedar Rapids city limits with the potential for future development. It includes productive cropland, an attractive home and outbuildings. There is a split-foyer home that was built in 1977. It consists of 1,337 square feet of finished living space. There are two bedrooms on the upper level and one bedroom on the lower level. There are two bathrooms, one on each level. Near the house, there is a 24' by 50' steel utility...
Well located industrial lots for sale in Edgewood Logistics Park. Drive time is under 2 minutes to the Hwy 30/Edgewood Rd interchange and 5 minutes to the I-380/Airport interchange. Also located adjacent to the upcoming $576 million Google data center. The Google project adds to the tremendous growth in SW Cedar Rapids, where development-ready land at Edgewood Logistics Park and easy access to transit is readily available. Priced at $3.25 per sq. ft. Build-to-suit options available as well. Various lot...
Prominent, high-profile corner lot on 1st Street SE in Downtown Cedar Rapids in the shadow of the Paramount Theatre. This lot is located in an opportunity zone and could be eligible for a city TIF incentive for the right project. Adjacent to this site are vacant lots owned by the City of Cedar Rapids that could also be available for purchase. Together, the City of Cedar Rapids lots and the listed lots total approximately 1 acre in size and would...
The historic Law Building would be ideal for an owner who wanted a downtown office as well as income from existing tenants to help cash flow. Cobble Hill restaurant, the MAC extreme gym, numerous coffee shops and retailers are in short walking distance. The Law Building is connected to the Skywalk system allowing climate controlled travel through much of downtown.
10.87 acres of Light Industrial land with approximately 2.9 acres of paved concrete for outdoor storage. This property has 16th Ave SW frontage, just east of Stoney Point Road. Great visibility from a highly traveled roadway. Paved outdoor lot can be sold seperately.
For additional listings throughout Linn and/or Johnson counties, please contact GLD at 319.731.3400.