Listing Agency: SRS Real Estate Partners Atlanta m***@srsre.com Show Phone

Listed By: Michael Berk · License #GA 385824

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:05PM

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Investment Insights

Based on property information with market context.

This NNN property is offered with a newly executed 20-year lease that includes scheduled rent bumps. The lease is associated with a 121-unit operator and guarantee.

The property is located at 1333 Edgewood Rd SW in Cedar Rapids, Iowa 52404.

Key Highlights

• Brand new 20 year lease
• Rent bumps included in the lease
• 121 unit operator and guarantee

Property Analytics

Property Profile

Current Use

Arby's Restaurant

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

491

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

NNN property - The lease includes a 20-year term with rent bumps and a 121-unit operator guarantee.

Where is this nnn property located?

The property is located at 1333 Edgewood Rd SW Cedar Rapids, IA.

What are key features of this property?

This property features: Brand new 20 year lease; Rent bumps included in the lease; 121 unit operator and guarantee