4515 Westdale Pkwy SW Cedar Rapids, IA
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Stand-alone NNN Boulder Tap House built in 2023 for sale.
Type:RETAIL
Property size:
5,500 SFLot size:
1.37 AcresPrice / SF:
$439/SF- Added:
- Sep 3, 2024
- Days on Market:
- 604
- Last Refresh:
- Apr 5 at 8:09 pm
Property Features for 4515 Westdale Pkwy SW
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 1.37 Acres
- Property subtype
- RETAIL
Listing agent Ryan Fitzpatrick (319) 431-1898
Listing office Cushman & Wakefield (319) 431-1898
Listing date Sep 3, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield
Overview
Stand-Alone NNN Boulder Tap House
An investment opportunity exists to acquire a stand-alone NNN Boulder Tap House, constructed in 2023, with 9.5 years remaining on the lease. The lease includes four 5-year renewal options, each with a 10% increase. The property is strategically located on Edgewood Road in Westdale, offering convenient access to Highway 30 and Interstate I-380. Westdale, originally built in 1979 as a 900,000 square foot traditional two-story enclosed shopping mall, underwent a transformative redevelopment in 2014. Now spanning 40 acres, it features five major big box retail buildings and numerous development pads. The center is currently 100% occupied and includes tenants such as PetSmart, Ross Dress for Less, Michael’s, Burlington, JCPenney, and GSA (VA Clinic), drawing from local, regional, and national markets. The property is 5,500 square feet and suitable for bars, restaurants, retail, and specialty purposes.
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Places Nearby
- Starbucks — 3400 Edgewood Rd SW, Cedar Rapids, IA 52404
Map
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6591
- Latitude
- 41.9746
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Stand-alone NNN Boulder Tap House built in 2023 for sale.
Where is this bar & pub located?
The property is located at 4515 Westdale Pkwy SW Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $2,415,479.
What are key features of this property?
This property features: Stand‑alone NNN Boulder Tap House built in 2023 offering a stable income stream with 9.5 years remaining on the lease.; Lease includes four 5‑year renewal options, each with a 10% rent increase, ensuring increasing returns.; Located in Westdale, a redeveloped and vibrant 40‑acre commercial hub.
