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Property profile & analytics
OFF-MARKET Estimated value $1,310,000
Strip malls

5761 C SW St Cedar Rapids, IA 52404-7358

15,600 SF 4.09 ac lot Built 2004
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0359874
Property summary
AI-generated overview

This exceptional retail opportunity is located at 5761 C St SW, Cedar Rapids, IA 52404. The Wheatland Neighborhood Centre offers 15,600 square feet of Class B retail space in a multi-tenant building. Three spaces are currently available, ranging from 2,537 to 4,640 square feet, perfect for a variety of retail uses. The property boasts prime visibility along a heavily trafficked section of C Street SW, conveniently located just off Highway 30. Benefit from a strong existing tenant base including national and local businesses such as Macro Technologies, Edward Jones, and several popular restaurants. This location offers unparalleled access to a large consumer base. The center is adjacent to the Transamerica/Aegon corporate campus and in close proximity to Kirkwood Community College (over 13,906 students) and the College Community School District (over 5,800 students). Nearby businesses include Casey's, Wells Fargo, and other major corporations, ensuring high foot traffic and strong consumer demographics. A tenant improvement allowance is negotiable, making this an attractive investment opportunity. This property presents a unique chance to establish or expand your retail presence in a thriving Cedar Rapids location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 15,600 SF
Lot 4.09 ac (178,160 SF)
APN 19-11-3-55-003-0-0000
UPID US25-0359874
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
  • Farrell's eXtreme Bodyshaping - Cedar Rapids - C Street Gym & Fitness Center
  • Edward Jones - Financial Advisor: Jeff Johnson Financial Advisor
  • Jerseys Pub & Grub Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.63M
Blend (final) Blend
$1.31M
Owner & transaction history
Wheatland Centre LLC · 9 yrs held
Wheatland Centre LLC
since 2017
3 recorded transactions
2017
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.7M +30.2%
Medical building $1.6M +21.9%
Retail stores $1.3M +0.4%
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