Church Facility with
For Lease
$695,000
2100 1st Avenue Ne, Cedar Rapids, IA 52402
Fully leased religious facility with a sanctuary, classrooms, meeting rooms, and office areas.
Space SizeContact for details
Days on Market51
Property Features for 2100 1st Avenue Ne
General Information
Standard status
Active
Property subtype
Commercial
Zoning
T-R1
Occupancy
100%
Building Details
Year Built
1975
Tenancy
Single
Listing Agency:
SKOGMAN REALTY COMMERCIAL
(319) 350-8450
Listed By:
Brian Rosteck · License #B59904000
Source:
Q4realestate
Added: Jul 11
Changed: Aug 29
Last Checked: Aug 30 at 1:01PM
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 SKOGMAN REALTY COMMERCIAL
Investment Insights
Based on property information with market context.
This 1975 church facility includes a sanctuary supported by classrooms, meeting rooms, and offices. The building is currently fully leased to a single tenant and offers a configuration suited to religious assembly and educational functions. Zoning is T-R1.
The property occupies the corner of 1st Avenue NE and 21st St. NE/Cottage Grove SE in Cedar Rapids. It is presented as a net lease property with an 8.6% cap rate. Lease renewal or future owner occupancy may be considered at the end of the current term. Showings require 48-hour notice.
The property occupies the corner of 1st Avenue NE and 21st St. NE/Cottage Grove SE in Cedar Rapids. It is presented as a net lease property with an 8.6% cap rate. Lease renewal or future owner occupancy may be considered at the end of the current term. Showings require 48-hour notice.
Key Highlights
- 1975 church facility with sanctuary, classrooms, meeting rooms, and offices
- Fully leased to a single tenant
- Net lease property with an 8.6% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
Demographics for 52402, IA
42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Fully leased religious facility with a sanctuary, classrooms, meeting rooms, and office areas.
Where is this church & religious facility located?
The property is located at 2100 1st Avenue Ne Cedar Rapids, IA.
What is the lease rate?
The lease rate is $695,000.
What are key features of this property?
This property features: 1975 church facility with sanctuary, classrooms, meeting rooms, and offices; Fully leased to a single tenant; Net lease property with an 8.6% cap rate
