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Stand-Alone NNN Boulder Tap House

4515 Westdale Pkwy SW, Cedar Rapids, IA

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For Sale

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Stand-alone NNN Boulder Tap House built in 2023 for sale.

Type:RETAIL

Property size:

5,500 SF

Lot size:

1.37 Acres

Price / SF:

$439/SF

HighLights

Stand‑alone NNN Boulder Tap House built in 2023 offering a stable income stream with 9.5 years remaining on the lease.
Lease includes four 5‑year renewal options, each with a 10% rent increase, ensuring increasing returns.
Located in Westdale, a redeveloped and vibrant 40‑acre commercial hub.
Westdale is strategically located with easy access to Highway 30 and Interstate I‑380.
Westdale is 100% occupied, indicating strong demand and stability.
Diverse tenant mix in Westdale attracts a broad customer base.

We can help!

Listing Contact

Ryan Fitzpatrick

Learn more

For Sale

Contact for pricing

Stand-alone NNN Boulder Tap House built in 2023 for sale.

Type:RETAIL

Property size:

5,500 SF

Lot size:

1.37 Acres

Price / SF:

$439/SF

Added:: Sep 3, 2024
Days on Market:: 650
Last Refresh:: May 20 at 9:24 pm

Property Features for 4515 Westdale Pkwy SW

General Information

Standard status: Active
Size: 5,500 SF
Lot size: 1.37 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Ryan Fitzpatrick

Listing agent Ryan Fitzpatrick

Listing office Cushman & Wakefield

Listing date Sep 3, 2024

Source Moodyscre

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 Cushman & Wakefield

HighLights

Stand‑alone NNN Boulder Tap House built in 2023 offering a stable income stream with 9.5 years remaining on the lease.
Lease includes four 5‑year renewal options, each with a 10% rent increase, ensuring increasing returns.
Located in Westdale, a redeveloped and vibrant 40‑acre commercial hub.
Westdale is strategically located with easy access to Highway 30 and Interstate I‑380.
Westdale is 100% occupied, indicating strong demand and stability.
Diverse tenant mix in Westdale attracts a broad customer base.

Overview

An investment opportunity exists to acquire a stand-alone NNN Boulder Tap House, constructed in 2023, with 9.5 years remaining on the lease. The lease includes four 5-year renewal options, each with a 10% increase. The property is strategically located on Edgewood Road in Westdale, offering convenient access to Highway 30 and Interstate I-380. Westdale, originally built in 1979 as a 900,000 square foot traditional two-story enclosed shopping mall, underwent a transformative redevelopment in 2014. Now spanning 40 acres, it features five major big box retail buildings and numerous development pads. The center is currently 100% occupied and includes tenants such as PetSmart, Ross Dress for Less, Michael’s, Burlington, JCPenney, and GSA (VA Clinic), drawing from local, regional, and national markets. The property is 5,500 square feet and suitable for bars, restaurants, retail, and specialty purposes.

Location Intelligence

Current Use by Public Records

Bars & Pubs

Similar Places Nearby

Starbucks — 3400 Edgewood Rd SW, Cedar Rapids, IA 52404

Map

City: Cedar Rapids
County: Linn
State: Iowa
Longitude: -91.6591
Latitude: 41.9746

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For sale
Bars & Pubs
IA
Cedar Rapids
4515 Westdale Pkwy SW

What type of property is this?

Bar & Pub - Stand-alone NNN Boulder Tap House built in 2023 for sale.

Where is this bar & pub located?

The property is located at 4515 Westdale Pkwy SW Cedar Rapids, IA.

What is the asking price?

The asking price for this property is $2,415,479.

What are key features of this property?

This property features: Stand‑alone NNN Boulder Tap House built in 2023 offering a stable income stream with 9.5 years remaining on the lease.; Lease includes four 5‑year renewal options, each with a 10% rent increase, ensuring increasing returns.; Located in Westdale, a redeveloped and vibrant 40‑acre commercial hub.

4515 Westdale Pkwy SW, Cedar Rapids, IA

Stand-alone NNN Boulder Tap House built in 2023 for sale.

Property Features for 4515 Westdale Pkwy SW

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Multi-Use Commercial Facility

Turn-Key Restaurant/Bar with Drive Thru

Prime Commercial Space, Cedar Rapids

Architecturally Unique Office with Parking

Modern Office Building with Private Office

Two-Story Office Building

Zoned Commercial Office Building

Commercial Space in Cedar Rapids

Historic Mixed-Use Investment Opportunity

Multi-Use Commercial Investment Opportunity

Flex Building with Warehouse Doors

Commercial Office Building

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