3950 River Ridge Dr NE, Cedar Rapids, IA

Listing agent Adam Gibbs License #B43857000

Listing office GLD Commercial A***@gldcommercial.com Show Phone

Listing date Aug 15, 2025

Source Moodyscre

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Overview

Located in River Ridge Executive Park in Cedar Rapids, Iowa, this property is positioned off I380 and Collins Road/Highway 100. The area includes corporate offices, financial institutions, and professional service firms, with nearby restaurants, hotels, and retail centers. This is a fully leased office investment property occupied by Advancement Resources and the National Systems Contractors Association (NSCA). Both tenants are secured under triple net (NNN) lease structures. The property provides investors with a 7.88% capitalization rate. The property is priced below replacement cost.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Cedar Rapids

County

Linn

State

Iowa

Longitude

-91.6994

Latitude

42.019

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FAQs

What type of property is this?

Office building - High-quality office building in Cedar Rapids, Iowa, fully leased.

Where is this office building located?

The property is located at 3950 River Ridge Dr NE Cedar Rapids, IA.

What is the asking price?

The asking price for this property is $1,575,000.

What are key features of this property?

This property features: Fully leased office investment property with a strong tenant roster including Advancement Resources and NSCA.; Attractive 7.88% capitalization rate for strong cash flow.; Triple net (NNN) lease structures minimize landlord responsibilities and provide stable, predictable income.