Property profile

3998 Westdale Pkwy Cedar Rapids, IA 52404

OFF-MARKET
Retail properties & Spaces
58,140 SF 1.82 ac lot Built 2019
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Property summary

AI-generated overview

This exceptional mixed-use retail property, located at 3998 Westdale Pkwy SW in Cedar Rapids, IA, offers 1,760 square feet of immediately available space. Built in 2019, this four-story building boasts a total of 58,140 square feet and sits on a 1.82-acre lot (APN: 13364-28002-00000). The property is zoned S-MR and benefits from its strategic location within the thriving Westdale Town Center development. This vibrant center is anchored by numerous national retailers including JC Penney, Ross Dress for Less, Michaels, PetSmart, Burlington, and many more, ensuring high foot traffic and excellent visibility. The property's convenient access to Highway 30 and Interstate 380 provides easy accessibility for both customers and employees. Current co-tenants include a diverse mix of businesses such as Great Harvest Bread Company, GDMS Beauty, Escapology, Select Physical Therapy, and Frew Development, creating a synergistic and attractive retail environment. This opportunity presents a unique chance to establish a presence in a high-demand, well-established retail center. The available space is ideal for a variety of retail uses and offers significant potential for growth and success. Don't miss this chance to secure a space in this dynamic and thriving location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2019
Total area 58,140 SF
Lot 1.82 ac (79,279 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3998 Westdale Pkwy Cedar Rapids, IA 52404
Cedar Rapids metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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