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3950 River Ridge Dr NE Cedar Rapids, IA 52402

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For Sale
$1,575,000

High-quality office building in Cedar Rapids, Iowa, fully leased.

Property size:
9,936 SF
Lot size:
1.06 Acres

Property Features for 3950 River Ridge Dr NE

General Information

Size
9,936 SF
Lot size
1.06 Acres

Source: GLD Commercial Agent Adam Gibbs

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


Overview

Fully Leased Office Investment Property

Located in River Ridge Executive Park in Cedar Rapids, Iowa, this property is positioned off I380 and Collins Road/Highway 100. The area includes corporate offices, financial institutions, and professional service firms, with nearby restaurants, hotels, and retail centers. This is a fully leased office investment property occupied by Advancement Resources and the National Systems Contractors Association (NSCA). Both tenants are secured under triple net (NNN) lease structures. The property provides investors with a 7.88% capitalization rate. The property is priced below replacement cost.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

National Systems Contractors ... Contractor Advancement Resources Business To Business Service Differentiation Strategies Inc Business Management Consultant

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
-91.699355
Latitude
42.0189841

FAQs

What type of property is this?
Office building - High-quality office building in Cedar Rapids, Iowa, fully leased.
Where is this office building located?
The property is located at 3950 River Ridge Dr NE Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: - Fully leased office investment property with a strong tenant roster including Advancement Resources and NSCA.; - Attractive 7.88% capitalization rate for strong cash flow.; - Triple net (NNN) lease structures minimize landlord responsibilities and provide stable, predictable income.
More about this property
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