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    3475 Westdale Dr Southwest Cedar Rapids, IA 52404

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    For Sale
    $6,595,555

    Stand-alone NNN Burlington Coat Factory with 6.5 years remaining on lease.

    Property size:
    40,400 SF
    Lot size:
    1.39 Acres

    Property Features for 3475 Westdale Dr Southwest

    General Information

    Size
    40,400 SF
    Lot size
    1.39 Acres

    Source: Cushman & Wakefield Agent Ryan Fitzpatrick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stand-Alone NNN Retail Opportunity

    This stand-alone NNN Burlington Coat Factory offers an investment opportunity. The property was originally built in 1979 and is located within the Westdale shopping center, which underwent a transformative redevelopment in 2014. The property has 6.5 years remaining on an original 15-year lease, with a 10% rental increase scheduled in 3 years. Westdale is strategically positioned on Edgewood Road, providing convenient access to Highway 30 and Interstate I-380. The shopping center spans 40 acres and features five major big box retail buildings, along with numerous development pads. The center is currently 100% occupied and includes tenants such as PetSmart, Ross Dress for Less, Michael’s, Burlington, and JCPenney, drawing from local, regional, and national markets. The property contains 40,400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burlington Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.719264
    Latitude
    41.9505223

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    FAQs

    What type of property is this?
    Storefront property - Stand-alone NNN Burlington Coat Factory with 6.5 years remaining on lease.
    Where is this storefront property located?
    The property is located at 3475 Westdale Dr Southwest Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $6,595,555.
    What are key features of this property?
    This property features: - Stand-alone NNN Burlington Coat Factory property offers a stable, low-management investment.; - Strategic location on Edgewood Road with easy access to Highway 30 and Interstate I-380.; - Existing lease with 6.5 years remaining and a **10% rental increase in 3 years.**
    (319) 431-1898
    Request Owner's contact information
    3475 Westdale Dr Southwest Cedar Rapids, IA 52404
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    Cedar Rapids, IA 52404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3475 Westdale Dr Southwest Cedar Rapids, IA 52404
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