Sale-leaseback opportunity with a well-established veterinary clinic tenant. The owner will sign a 3-year lease at $13.95/SF NNN and cover the HOA fees and property taxes. Recent updates include a new roof installed in 2025 with a 30-year warranty and new siding scheduled for completion in the spring of 2026. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal. Conveniently located in Fairfax—an established bedroom community near Cedar Rapids—just an 8-minute drive to I-380 for quick access to the metro area. Cedar Rapids has an approximate population of 276,000 residents with a median age of 37. Contact listing agents for further details.
Fairfax is located in Iowa. Fairfax, Iowa has a population of 2,794. Fairfax is more family-centric than the surrounding county with 44.66% of the households containing married families with children. The county average for households married with children is 31.95%.
The median household income in Fairfax, Iowa is $108,906. The median household income for the surrounding county is $70,360 compared to the national median of $69,021. The median age of people living in Fairfax is 37.9 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 11.8 degrees. The average rainfall is approximately 35.2 inches per year, with 28.1 inches of snow per year.
