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    4050 Westdale Pkwy Cedar Rapids, IA 52404

    Sponsored
    For Lease
    $29 SF/Yr ($2,987 /Mo)

    New 1,197 SF Retail Building, Cedar Rapids

    Lot size:
    1,197 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,197-square-foot retail space is situated on a 3.047-acre lot at 4050 Westdale Parkway SW in Cedar Rapids, Iowa, zip code 52404. Built in 2022, this single-tenant building offers a prime location within the Wiley Crossing development, boasting high visibility and significant traffic counts. The property features 220-volt power and is zoned SMRC. Currently vacant, this build-to-suit space is ideal for a coffee shop or quick-serve restaurant, with a drive-thru already incorporated into the design. The high-traffic area sees approximately 15,000 vehicles daily on Wiley Parkway and nearly 10,000 vehicles daily on Williams Boulevard. Strong neighboring businesses include Dirty Dough, Lighthouse Autism Center, Golden Apple Buffet, Menards, Ross, Burlington, and PetSmart, ensuring high foot traffic and brand synergy. The estimated delivery time is 8-10 months from lease execution. This is a fantastic opportunity to establish a thriving business in a rapidly growing area of Cedar Rapids. The property is a single-story building in Linn County.

    Property Features for 4050 Westdale Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,197 SF
    Total Rate
    2987.51

    Building Details

    Year Built
    2022
    Stories
    1

    Unit(s) available at that property

    Space
    Building #1
    Size
    1,197 SF
    Rate per SF
    $29

    HighLights

    • 1,197 SF build‑to‑suit retail space with drive‑thru.
    • Located on a 3.047‑acre lot at 4050 Westdale Parkway SW, Cedar Rapids, IA 52404.
    • High‑traffic location in Wiley Crossing development, with daily traffic counts exceeding 15,000 vehicles on Wiley Parkway and nearly 10,000 on Williams Boulevard.
    • Zoned SMRC; features 220‑volt power.
    • Currently vacant; ideal for coffee shop or quick‑serve restaurant.
    • Strong neighboring businesses include national retailers and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.7228143
    Latitude
    41.95054623

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    FAQs

    What type of property is this?
    Retail property - New 1,197 SF Retail Building, Cedar Rapids
    Where is this retail property located?
    The property is located at 4050 Westdale Pkwy Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 1,197 SF build-to-suit retail space with drive-thru.; Located on a 3.047-acre lot at 4050 Westdale Parkway SW, Cedar Rapids, IA 52404.; High-traffic location in Wiley Crossing development, with daily traffic counts exceeding 15,000 vehicles on Wiley Parkway and nearly 10,000 on Williams Boulevard.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4050 Westdale Pkwy Cedar Rapids, IA 52404
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