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Property profile & analytics
OFF-MARKET
Strip malls

2870 Edgewood SW Rd Cedar Rapids, IA 52404-3259

6,136 SF 1.08 ac lot Built 2017
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US25-2345000
Property summary
AI-generated overview

This exceptional 3,592 square foot retail space presents a remarkable sublease opportunity within a vibrant Westdale outparcel. Strategically located at the corner of Edgewood Rd SW and 29th Ave SW, this property boasts unparalleled visibility, benefiting from a daily traffic count exceeding 41,000 vehicles. The open-concept layout offers maximum flexibility for a variety of retail uses. The building, constructed in 2017, is a single-story structure totaling 6,136 square feet, situated on a 1.08-acre lot. Ample on-site parking ensures convenient access for customers and employees. The property is zoned for Suburban Mixed Use Regional Center, allowing for diverse business applications. This prime location benefits from the proximity of established businesses such as Caribou Coffee and Einstein Bros Bagels, creating a synergistic environment and attracting a high volume of foot traffic. The APN is 13364-76052-00000. This is a rare opportunity to secure a highly visible and accessible retail space in a thriving commercial area. Don't miss out on this chance to establish your business in a prime location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2017
Total area 6,136 SF
Lot 1.08 ac (47,045 SF)
APN 13-36-4-76-052-0-0000
UPID US25-2345000
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
  • Caribou Coffee Cafe & Coffee Shop
  • Midwest Mattress Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rural Props LLC · 6 yrs held
Rural Props LLC
since 2020
Last sale
$2.6M
1 recorded transaction
2020
$2.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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