Net-Leased Religious
For Sale
$695,000
2100 1st Avenue, Cedar Rapids, IA 52402
Fully leased single-tenant religious facility with sanctuary, classrooms, meeting rooms, and offices on a corner location.
Property SizeContact for details
Days on Market61
Property Features for 2100 1st Avenue
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Cap Rate
8.6%
Amenities
Gas
3
Carpet
Asphalt, Shingle
1.181
Building Details
Year Built
1975
Tenancy
Single
Listing Agency:
SKOGMAN REALTY COMMERCIAL
(319) 350-8450
Listed By:
Brian Rosteck · License #B59904000
(319) 350-8450
Source:
Xome
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 11 at 4:57AM
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 net lease investment property is fully leased to a single tenant and offers a sanctuary plus supporting spaces including classrooms, meeting rooms, and offices. The current arrangement is described as providing short-term investment income, with owner flexibility to renew the lease or convert to owner-occupancy at the end of the term.
The property is located at the corner of 1st Avenue NE and 21st St. NE/Cottage Grove SE. It is listed with 48-hour notice to show and is described as having high traffic counts in the market.
As configured, the building’s mix of assembly, instructional, and administrative rooms makes it suitable for future assembly and educational uses.
The property is located at the corner of 1st Avenue NE and 21st St. NE/Cottage Grove SE. It is listed with 48-hour notice to show and is described as having high traffic counts in the market.
As configured, the building’s mix of assembly, instructional, and administrative rooms makes it suitable for future assembly and educational uses.
Key Highlights
- Fully leased single‑tenant religious facility currently leased to one tenant
- Corner location at 1st Avenue NE and 21st St. NE/Cottage Grove SE
- Facilities include sanctuary, classrooms, meeting rooms, and offices
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,914
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 single-tenant religious facility with sanctuary, classrooms, meeting rooms, and offices on a corner location.
Where is this church & religious facility located?
The property is located at 2100 1st Avenue Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Fully leased single‑tenant religious facility currently leased to one tenant; Corner location at 1st Avenue NE and 21st St. NE/Cottage Grove SE; Facilities include sanctuary, classrooms, meeting rooms, and offices
