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4545 1St Ave Cedar Rapids, IA 52402

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For Sale
Contact for pricing

High-yield NNN retail investment. Strong national tenants.

Property size:
6,874 SF

Property Features for 4545 1St Ave

General Information

Property type
Retail properties
Square Feet
6,874 SF
Lot Size
47,916 SF

Building Details

Year Built
2018
Buildings
1
Stories
1

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Listing Contact
Adam Gibbs
Adam Gibbs

Listing Agency: GLD Commercial Listing Agent: Adam Gibbs

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 6,874 square foot, single-story retail building situated on a 1.1-acre lot at 4545 1st Avenue SE in Cedar Rapids, Iowa, zip code 52402. The property boasts 100% occupancy with two national credit tenants: FedEx Office and Aspen Dental. Built in 2018, this property benefits from a Net Lease (NNN) structure, minimizing landlord responsibilities. The building is zoned SMRC and is ideally located in Cedar Rapids' thriving retail and commercial district, near a high-traffic intersection in Linn County. FedEx Office, a significant national brand with over 2200 locations, and Aspen Dental, the largest and fastest-growing branded dental practice network in the US with nearly 900 locations across 42 states, provide exceptional tenant stability and strong cash flow. The property's strategic location, coupled with the strength of its tenants, makes this a compelling investment opportunity. The asking price is $4,085,000. Detailed lease terms are available upon request.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Karthik Cherukuri Dental Office Aspen Dental - Cedar ... Dental Office George Youssef Dental Office Shachindra Bahadur Dental Office FedEx Office Print ... Courier Service

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Cedar Rapids
County
Linn
State
Iowa
Longitude
-91.62407026
Latitude
42.02386462

FAQs

What type of property is this?
Retail property - High-yield NNN retail investment. Strong national tenants.
Where is this retail property located?
The property is located at 4545 1St Ave Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $4,085,000.
What are key features of this property?
This property features: Net-leased retail investment opportunity.; Strong tenant roster featuring FedEx Office and Aspen Dental.;
(319) 731-3415 Call to check price and availability
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