Offered as a sale-leaseback, 5400 Edgewood Rd NE in Cedar Rapids presents a rare opportunity to acquire a high-visibility restaurant property located directly in front of the Edgewood Road Hy-Vee along one of the city’s busiest retail corridors. The asset will be delivered with a new long-term absolute NNN lease in place, providing passive ownership with no landlord responsibilities and a stable NOI of $150,000 annually under a 10 year lease. Priced at a 7.5% cap rate, this investment offers...
Profitable turnkey business for sale. Scratch and Dent Appliance Warehouse business and prime real estate at 1207 G Avenue NE, Cedar Rapids, IA, right off I-380! This turnkey opportunity includes a fully operational business with a delivery truck and current inventory, boasting a loyal customer base and consistent revenue. The property features an 11' high warehouse with a dedicated office and showroom, a secure fenced lot, and a prominent billboard visible from I-380 for maximum exposure. Attached is a 1,800...
Victory Gymnastics has called this building home for the last 10 years. They have outgrown this facility and have made the decision to relocate to a new location to be able to better accommodate their customers needs. This is a rare opportunity to own a stand alone building in a fast growing area of Marion. The surrounding area is developing quickly with a mix use of buildings including a truck stop, vet clinic, multi family & many dining options just...
This office investment is well-suited for an owner-user seeking supplemental income. The property is currently configured as a three-tenant building, with two established healthcare tenants in place occupying 58% of the space. The remaining 9,980 SF is available for an owner occupant, offering the opportunity to build equity while benefiting from existing rental income. Both tenants are regional healthcare providers with multiple locations across the Midwest.
This well-located industrial facility in SW Cedar Rapids is now available for sale or for lease. Currently utilized as a warehouse and distribution center, the 29,332 SF building offers a mix of warehouse space, office areas, and loading capabilities. The building features two dock doors and two overhead doors. Positioned within one mile of I-380 and 1.5 miles from Highway 30, the location offers excellent access to major transportation routes and nearby amenities. Adjacent .886 Ac lot also available for...
Prime development opportunity in Johnson County, Iowa, along highly traveled Highway 965 in Swisher. This property totals just over 34 acres and is located in a growing corridor between Cedar Rapids and Iowa City with a demand for commercial and industrial uses. The future land use map supports commercial development, and the site is subject to a fringe area agreement. A public well will serve the property, with each lot supported by individual septic systems. Attached concept plan is for...
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...
Prime 1st Avenue location directly across from Coe College and in close proximity to St. Lukes Hospital presents an exceptional opportunity for investors and developers. This highly visible property, currently improved with two apartment buildings featuring a total of 40 units, offers immediate income potential. Coe College is willing to master lease the apartments for $100K per building for up to 12 months post-closing. The site's strategic positioning, coupled with the potential to combine with the adjacent property for a...
Prime 1st Avenue location directly across from Coe College and in close proximity to St. Lukes Hospital presents an exceptional opportunity for investors and developers. This highly visible property, currently improved with two apartment buildings featuring a total of 40 units, offers immediate income potential. Coe College is willing to master lease the apartments for $100K per building for up to 12 months post-closing. The site's strategic positioning, coupled with the potential to combine with the adjacent property for a...
For additional listings throughout Linn and/or Johnson counties, please contact GLD at 319.731.3400.