Property Description

Cushman & Wakefield Iowa Commercial Advisors is pleased to offer to investors an excellent opportunity to purchase a stand-alone NNN PetSmart built in 2017 in Cedar Rapids, IA. The tenant recently waived their early termination right and has 3+ years remaining on their term. The first 5-year option period has a 12.5% increase in base rent, with each 5-year option following with 5% increases.
Westdale is strategically located on Edgewood Road with seamless access from Hwy 30 & I-380, giving investors the opportunity to purchase an infill shopping center in a growing and positive area of the Corridor.

Features
: See Remarks
: See Remarks
: See Remarks
: Public Sewer
: See Remarks
Address Map
IA
Linn
Cedar Rapids
52404
Westdale
3825
Parkway
From Hwy 30 take Exit 250 toward Edgewood Rd. Turn right onto Edgewood Rd SW. Turn left toward Westdale Pkwy. Turn right onto Westdale Pkwy.
OT-W (West of I-380)
SW
S-MR
MLS Addon
Cushman & Wakefield Iowa Commercial Advisors
Ryan Fitzpatrick
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Additional Information
: Frame, Block, Concrete, See Remarks
See Remarks
21344
2024-08-26
4143312
https://www.propertypanorama.com/instaview/cdr/2406080
: Public
Financial
56330.0
Listing Information
Parker Ridge
RIDGEPARKER121
CCWICA
Cushman & Wakefield Iowa Commercial Advisors
FITZPATRICKR121
CCWICA
Cash
Active
2024-12-04T21:55:07Z
CDR
2024-12-04T15:54:41Z

3825 Westdale Parkway Sw, Cedar Rapids, Iowa 52404 - Commercial Sale For Sale

3825 Westdale Parkway Sw, Cedar Rapids, Iowa 52404

18,241 Sqft
$3,950,000
Listing ID #2406080
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2406080
Price : $3,950,000
Square Footage : 18,241 Sqft
Year Built : 2017
Lot Area : 0.49 Acre
Status : Active
Property Sub Type : Retail
Roof : See Remarks
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent