3475 Westdale Dr SW Cedar Rapids, IA 52404

This exceptional investment opportunity presents a freestanding Burlington Coat Factory storefront in Cedar Rapids, Iowa. The property boasts a substantial 40,400 square feet of net rentable space, situated on a 3.24-acre lot (APN: 13364-76020-00000). Currently operating under a triple-net (NNN) lease with 6.5 years remaining on a 15-year term, this single-tenant property offers a strong, stable income stream. The lease includes a 10% rental increase in 3 years. Located at 3475 Westdale Dr SW, Cedar Rapids, IA 52404, this prime location benefits from excellent visibility and accessibility, with convenient access to Highway 30 and Interstate I-380. The property is part of a thriving retail center, featuring a diverse mix of national retailers and experiencing significant growth. Built in 2016, the building is zoned S-MR and enjoys 100% occupancy, providing a secure and high-performing investment. The asking price is $6,595,555, translating to a price per square foot of $163.26. This represents a compelling opportunity for investors seeking a stable, high-return asset in a dynamic market. The property's strong tenant, favorable lease terms, and strategic location combine to create a compelling investment proposition.