Property Description

Net leased investment opportunity ideally located on 1st Avenue/Hwy 151 in the heart of Cedar Rapids’ retail/commercial district near the busiest corner in Linn County. National credit tenants include FedEx Office and Aspen Dental. FedEx Office, with over 2200 locations nationwide, is a strong investment grade tenant with a market capitalization of over $50 Billion. Aspen Dental, the largest and fastest-growing branded network of dental practices in the US has nearly 900 locations in 42 states nationwide. Aspen Dental has pursued an aggressive growth strategy. The company targets new locations located in super-regional retail areas. In 2020, the company forecasted that more than 800 branded practices will service 5 million patient appointments. Aspen dental net lease properties are highly sought after investments. Contact LA for lease terms. Ownership contains licensed real estate professionals in the State of Iowa.

Features
: Central
: Central Air
: Carpet
: Off Street
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52402
1st
4545
Avenue
0
W92° 22' 43.1''
N42° 1' 32.8''
On 1st Avenue next to Red Robin, in front of Home Depot. Across from Lindale Mall.
SE
MLS Addon
GLD COMMERCIAL
Adam Gibbs
$0
0 Sqft
$0
$0
$0
$0
Full,unfinished
0 Sqft
: Private Restrooms, Pole Sign, Multi-tenant
0
27
River
One
gibbsadam121
CGLDC
1.1 Ac
Active
14024-51001-00000
: Membrane
: Public Sewer
1
SMRC

Commercial Sale For Sale

4545 1st Avenue, Cedar Rapids, Iowa 52402

6,874 Sqft
$4,493,500
Listing ID #2201370
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2201370
Price : $4,493,500
Square Footage : 6,874 Sqft
Year Built : 2018
Lot Area : 1.10 Acre
Property Sub Type : Investment
Status : Active
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent