4545 1St Ave Cedar Rapids, IA 52402
- Strip malls
- 6,874 SF
- 1.11 lot acres
Current Use by Public Records
- Karthik Cherukuri / Dentist
- Aspen Dental - Cedar Rapids, IA (Lindale) / Dentist / Pediatric Dentist
- George Youssef / Dentist
- Shachindra Bahadur / Dentist
- FedEx Office Print & Ship Center / Shipping And Mailing Service / Business Center
Property Details for 4545 1St Ave
- Year built
- 2018
- Lot size
- 1.11 lot acres
- Property size
- 6,874 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 14-02-4-51-001-0-0000
- APU
- 140245100100000
Description
This exceptional investment opportunity presents a 6,874 square foot, single-story retail building situated on a 1.1-acre lot at 4545 1st Avenue SE in Cedar Rapids, Iowa, zip code 52402. The property boasts 100% occupancy with two national credit tenants: FedEx Office and Aspen Dental. Built in 2018, this property benefits from a Net Lease (NNN) structure, minimizing landlord responsibilities. The building is zoned SMRC and is ideally located in Cedar Rapids' thriving retail and commercial district, near a high-traffic intersection in Linn County. FedEx Office, a significant national brand with over 2200 locations, and Aspen Dental, the largest and fastest-growing branded dental practice network in the US with nearly 900 locations across 42 states, provide exceptional tenant stability and strong cash flow. The property's strategic location, coupled with the strength of its tenants, makes this a compelling investment opportunity. The asking price is $4,085,000. Detailed lease terms are available upon request.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6241
- Latitude
- 42.0237
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
