Absolute NNN Restaurant
For Sale
Contact for pricing
5400 Edgewood Rd NE, Cedar Rapids, IA 52411
Sale-leaseback offering with a new absolute NNN lease and no landlord responsibilities.
Property SizeContact for details
Days on Market142
Property Features for 5400 Edgewood Rd NE
General Information
Standard status
Active
Property subtype
Retail
Net Operating Income
$150,000
Additional Details
Cap Rate
7.5%
Listing Agency:
WSG CRE
(319) 343-5542
Listed By:
Tiffany Earl Williams · License #IA s41864000
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 2:54AM
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 WSG CRE
Investment Insights
Based on property information with market context.
This sale-leaseback offering involves a restaurant property at 5400 Edgewood Road NE in Cedar Rapids, Iowa. The transaction includes a new absolute NNN lease with a 10-year term, placing property-level operating responsibilities with the tenant rather than the landlord.
The site is positioned directly in front of the Edgewood Road Hy-Vee within a heavily trafficked retail corridor. National and regional retailers surround the property, supporting its established commercial setting and visibility. The offering reflects a 7.5% cap rate and includes an experienced restaurant operator committed to continued occupancy.
The site is positioned directly in front of the Edgewood Road Hy-Vee within a heavily trafficked retail corridor. National and regional retailers surround the property, supporting its established commercial setting and visibility. The offering reflects a 7.5% cap rate and includes an experienced restaurant operator committed to continued occupancy.
Key Highlights
- New 10‑year absolute NNN lease
- No landlord responsibilities under the lease structure
- Restaurant property at 5400 Edgewood Road NE, Cedar Rapids, IA 52411
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 52411, IA
7,954
Population
2,927
Households
2.7
Avg Household Size
45
Median Age
59%
College-Educated
99%
High-School Grad
16.4 sq mi
ZIP Area
485
Density / Sq Mi
$164,972
Median Household Income
$72,607
Median Earnings
$1,275
Median Rent
$424,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Sale-leaseback offering with a new absolute NNN lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 5400 Edgewood Rd NE Cedar Rapids, IA.
What are key features of this property?
This property features: New 10‑year absolute NNN lease; No landlord responsibilities under the lease structure; Restaurant property at 5400 Edgewood Road NE, Cedar Rapids, IA 52411
