3800 Wilson SW Ave, Cedar Rapids, IA 52404-6347
This single-story, 8,774 square foot commercial building, situated in the desirable Westdale Mall area behind Hills Bank, offers multiple office suites for lease. Built in 1980 and renovated in 2020, the property boasts a convenient location with excellent visibility from Williams Boulevard. The building features three total suites, with one suite currently vacant at 1,804 square feet – the minimum divisible space. Shared amenities include 30 parking spaces and shared restrooms accessible via a shared hallway. Each suite also has its own private entrance. Utilities (gas, electric, and water) are included in the monthly rent. The property is zoned commercial and is part of the Westdale Mall area submarket in Cedar Rapids. Landlords are willing to consider tenant improvements and may offer a reduced first month's rent. A first month's rent, last month's rent, and security deposit are required for move-in. This presents a reasonably priced opportunity for businesses seeking a well-maintained space in a high-traffic area. The building offers a shared entrance, but each suite maintains its own private access. This is an excellent opportunity for a business seeking a convenient and cost-effective location in a thriving commercial area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.