Technical
Financial
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Property profile

5100 Fountains Dr Cedar Rapids, IA 52411

OFF-MARKET
Retail properties & Spaces
12,579 SF 19.3 ac lot Built 2013
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Property summary

AI-generated overview

This exceptional 2,879 square foot retail space is available for immediate occupancy. Located within The Fountains, a thriving 19.3-acre mixed-use development in Linn County, this property boasts a prime location at the intersection of Edgewood Road NE and Blairs Ferry Road, benefiting from high visibility and exceptional traffic counts exceeding 35,000 vehicles daily. The space is part of a single-story, 12,579 square foot building constructed in 2013 and is classified as Class B. The building features a total of five suites, with this particular unit offering a fully built-out, move-in ready environment ideal for a personal care business. The space is easily accessible from Highway 100/Collins Road extension and I-380. The property's zoning is S-MC. The minimum divisible space is 2,879 square feet, and the maximum contiguous space is also 2,879 square feet. The net rent is $14.95 per square foot, subject to annual increases. The property's APN is 140617600100000. The surrounding area includes a variety of businesses, including fast food restaurants, spas, salons, fitness studios, business offices, and a Hy-Vee grocery store, ensuring high foot traffic and customer visibility.

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

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Medical Clinic
  • Hair Salon Nail Salon
  • Hair Salon Nail Salon

Location

5100 Fountains Dr Cedar Rapids, IA 52411
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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