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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5100 Fountains Dr Cedar Rapids, IA 52411

12,579 SF 19.3 ac lot Built 2013
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2013
Total area 12,579 SF
Lot 19.3 ac (840,708 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jimmy John's Take-out & Catering Catering Service
  • Limitless Male Medical Clinic Medical Clinic
  • Artistic Strands Salon Hair Salon Nail Salon
  • Salon Jude Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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