GSA-Leased Office
3165 Williams Blvd SW Cedar Rapids, IA 52404
3165 Williams Blvd SW, Cedar Rapids, IA, 52404
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For Sale
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Pending
Four-office portfolio leased to the U.S. General Services Administration, built-to-suit with brick veneer and HVAC systems.
Days on Market103
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 Updated: Jul 21 at 2:20PM Checked: Jul 21 at 2:20PM
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
Location Intelligence
Current Use by Public Records
Social Security Administration
Social Security Office
Similar For Sale Nearby
FAQs
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.
