3825 Westdale Parkway SW, Cedar Rapids, IA 52404
MLS Number: 2406080 |
Subtype: Commercial | Area: OT-W (West of I-380)
$
3,950,000
Cushman & Wakefield Iowa Commercial Advisors is pleased to offer to investors an excellent opportunity to purchase a stand-alone NNN PetSmart built in 2017 in Cedar Rapids, IA. The tenant recently waived their early termination right and has 3+ years remaining on their term. The first 5-year option period has a 12.5% increase in base rent, with each 5-year option following with 5% increases.
Westdale is strategically located on Edgewood Road with seamless access from Hwy 30 & I-380, giving investors the opportunity to purchase an infill shopping center in a growing and positive area of the Corridor.
Property
-
County: Linn
-
Lot Size: 21344
-
Acres: 0.4900
-
Year Built: 2017
-
Zoning: S-MR
-
Gross tax: $56,330.00
Building
Total Building SF: 18,241
Ceiling Height: See Remarks
Utilities
Utilities: See Remarks
Heating/Cooling: See Remarks Heat, See Remarks
Power Available: See Remarks
Water Source: City Water
Sewer: City Sewer
IDX information is provided exclusively for customers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which consumers may have an interest. The data provided is deemed reliable but is not guaranteed accurate by the MLS, GLD Commercial and/or its affiliates.