Property profile

4341 1st SE Ave 17 Cedar Rapids, IA 52402

OFF-MARKET
Office buildings
Property ID
US25-0364524
435 SF Built 1978
Entity Owned 9-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Law Firm Security Service
  • Shopping Center & Mall
  • Alternative Medicine Practice Spa & Massage Center
  • Barber Shop

Location

4341 1st SE Ave, Unit 17 Cedar Rapids, IA 52402-3154
Cedar Rapids metro Census 700 CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2017
1 recorded transaction
2017
$1.9M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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