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Property profile & analytics
FOR LEASE
Retail space

4110 Center Point Rd NE Cedar Rapids, IA 52402

28,008 SF 2.7 ac lot Built 1998
Entity Owned Free & Clear
Property ID
US25-0261811
Property summary
AI-generated overview

This exceptional Cedar Rapids property offers two available executive office suites totaling 3,791 square feet within a well-maintained, multi-tenant retail center at 4110 Center Point Rd NE. Located at the high-traffic corner of 42nd Street NE and Center Point Road NE, this location boasts over 23,000 vehicles per day and benefits from strong household demographics. The building, constructed in 1998, features a single-story design encompassing 28,008 square feet on a 2.7-acre lot. Suite B, previously occupied by Edward Jones, includes a reception area, private office, conference room, and restroom. Suite C, formerly occupied by Mid-American Energy, offers a unique advantage with a small attached storage garage featuring an overhead door. These adjacent suites present the possibility of combination to create a larger space. Co-tenants include CVS and The Christian Store, ensuring a vibrant and established commercial environment. The property's Traditional Mixed Use Center zoning and excellent access to I-380 further enhance its appeal. The Linn County property (APN 140912600200000) offers a rare opportunity for businesses seeking a prominent location with high visibility and convenient access. Individual suite sizes range from 1,150 to 3,791 square feet.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Total area 28,008 SF
Lot 2.7 ac (117,612 SF)
APN 14-09-1-26-002-0-0000
UPID US25-0261811
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
  • Gifted Touch Alternative Medicine Practice Spa & Massage Center
  • Berry Douglas J DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.34M
Blend (final) Blend
$2.11M
Owner & transaction history
RINDERKNECHT R W CO
RINDERKNECHT R W CO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.0M +29.7%
Medical building $2.8M +21.4%
Office building $2.6M +11.5%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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