855.375.4001
Listing Courtesy of: Adam Gibbs - GLD COMMERCIAL 319-721-1520
$2,362,335 affordable loan icon Calculate Payment

1140 Blairs Ferry Road NE Cedar Rapids, IA 52402

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Retail Residence
Beds
Baths
... Bed/Bath
Sq. Ft.

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Last updated on 7/5/2024 2:11 AM
Fully Leased and recently remodeled retail investment opportunity near Super Target! Multi-tenant retail property located along Blairs Ferry Rd NE - nearly 23,000 vehicles per day. The property was extensively renovated in 2021/2022, including a new roof, new façade and all new HVAC. Tenants includ...e: Dunn Brothers Coffee, The Good Feet Store, and Mextizo; all leases are personally guaranteed by principals of the tenant entities. 128 parking spaces included. 7.25% CAP rate. Current NOI: $171,272; subject to annual rental increases per the leases. Contact listing agent for additional details. Member of the ownership entity is a licensed REALTOR in the state of Iowa. Continue reading
MLS#
2305139
Property Type
Retail
Year Built
1993
Lot Size
1.12
Stories
1.0
Sewer
Public Sewer

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Listing Courtesy of: Adam Gibbs - GLD COMMERCIAL 319-721-1520
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024, Cedar Rapids Area Association of Realtors
This content last refreshed on 7/5/2024 2:11 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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