5100 Fountains Dr Cedar Rapids, IA 52411
This exceptional 3,001 square foot turnkey restaurant space is ideally situated within a vibrant 19.3-acre mixed-use development in Cedar Rapids, Iowa. Located at 5100 Fountains Drive NE, Suite 100, this Class B property boasts high visibility at the intersection of Edgewood Rd NE and Blairs Ferry Rd, benefiting from over 35,000 vehicles daily. The space features a fully operational hood vent system and an attractive outdoor seating area overlooking a pond. The building, constructed in 2013, is part of a thriving community including fast food establishments, other restaurants, a spa, salons, boutiques, fitness studios, business offices, and a Hy-Vee grocery store. The property is zoned S-MC and offers immediate possession. Lightly used restaurant equipment is available for purchase, representing a significant advantage for a new operator. The building itself totals 12,579 square feet and comprises five suites. The minimum divisible space is 3,001 square feet, with a maximum contiguous space of 3,001 square feet. The lease is subject to annual rent increases. This is a rare opportunity to acquire a fully equipped restaurant space in a high-traffic location with excellent visibility and immediate occupancy. The property's location offers unparalleled access and exposure, making it an ideal investment for a discerning restaurateur. The Linn County location (APN 140617600100000) and single-story building without elevators provide a convenient and accessible environment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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