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    OFF-MARKET
    Office buildings

    4341 1st SE Ave 17, Cedar Rapids, IA 52402-3154

    435 SF Built 1978
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US25-0364524
    Property summary
    AI-generated overview

    This exceptional Cedar Rapids commercial property, located at 4341 1st Avenue SE, offers 450-900 square feet of first-floor office/retail space available for lease. Situated within the Glenbrook Centre, a mixed-use complex combining commercial and residential units, this space benefits from a high-traffic location near Lindale Mall and the intersection of Highway 100/Collins Road extension, experiencing over 29,000 vehicles daily. The building, constructed in 1978, is a three-story Class B property with a total of four suites. This particular space boasts a 10-foot ceiling height and is part of a multiple-tenancy building. The property features monument signage on 1st Avenue, providing excellent visibility for your business. A total of 2,700 square feet is currently vacant. The property is zoned S-MU and is located in Linn County, Iowa, with the APN 140245300400000. The lease is a straightforward gross lease structure. This is an ideal opportunity for businesses seeking high visibility and accessibility in a thriving Cedar Rapids location. The property's location ensures maximum exposure to a large daily traffic volume.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1978
    Total area 435 SF
    APN 14-02-3-77-009-0-1001
    UPID US25-0364524
    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
    • American Investigations Law Firm Security Service
    • Glenbrook Centre Shopping Center & Mall
    • Really Living with Denise Alternative Medicine Practice Spa & Massage Center
    • Hair Reflections By Marcia Barber Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Glenbrook Centre Partners LLC · 9 yrs held
    Glenbrook Centre Partners LLC
    since 2017
    1 recorded transaction
    2017
    $1.9M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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