GSA-Leased Office
For Sale
Contact for pricing
Pending
3165 Williams Blvd SW, Cedar Rapids, IA 52404
Four-office portfolio leased to the U.S. General Services Administration, built-to-suit with brick veneer and HVAC systems.
Days on Market111
Property Features for 3165 Williams Blvd SW
General Information
Standard status
Pending
Property subtype
Office
Listing Agency:
Colliers - Dallas, Texas
(972) 759-7814
Listed By:
Geoff Ficke · License #TX 0593051
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 28 at 4:57PM
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 Colliers - Dallas, Texas
Investment Insights
Based on property information with market context.
This four-property office portfolio is leased to the U.S. General Services Administration (GSA) and offered to qualified investors through Colliers as exclusive investment sales advisor. The buildings were constructed as build-to-suit facilities by the same developer for the GSA/Social Security Administration (SSA), and nearly the entire portfolio is supported by second-generation leases. The GSA reports renewal or continuation of current leasing activity in over 95% of their active lease agreements from the preceding fiscal year, with the portfolio reflecting an average building vintage of 2009 and weighted average remaining firm terms of about 5.21 years and remaining terms of about 8.71 years.
All properties feature slab-on-grade foundations with wood frames and 100% brick veneer construction, along with aluminum clad windows and asphalt shingle roofing. Each building is equipped with HVAC systems and interior and exterior LED lighting, and the portfolio is described as being well maintained by the lessor with minimal capital expenditure requirements. Three buildings are located in Iowa and one in Missouri, including 3165 Williams Blvd SW in Cedar Rapids, IA 52404.
All properties feature slab-on-grade foundations with wood frames and 100% brick veneer construction, along with aluminum clad windows and asphalt shingle roofing. Each building is equipped with HVAC systems and interior and exterior LED lighting, and the portfolio is described as being well maintained by the lessor with minimal capital expenditure requirements. Three buildings are located in Iowa and one in Missouri, including 3165 Williams Blvd SW in Cedar Rapids, IA 52404.
Key Highlights
- Four‑property office portfolio leased to the U.S. General Services Administration (GSA).
- Build‑to‑suit construction for GSA/SSA with an average building vintage of 2009.
- Nearly all leases are second‑generation with a weighted average remaining firm term of about 5.21 years and weighted average remaining term of about 8.71 years.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 52404, IA
43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Four-office portfolio leased to the U.S. General Services Administration, built-to-suit with brick veneer and HVAC systems.
Where is this office building located?
The property is located at 3165 Williams Blvd SW Cedar Rapids, IA.
What are key features of this property?
This property features: Four‑property office portfolio leased to the U.S. General Services Administration (GSA).; Build‑to‑suit construction for GSA/SSA with an average building vintage of 2009.; Nearly all leases are second‑generation with a weighted average remaining firm term of about 5.21 years and weighted average remaining term of about 8.71 years.
