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
E0° 0' 36''
N0° 0' 36''
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
$0
$0
$0
$0
$0
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
$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
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
- Sales Team
- View website
- 3194239515
-
sales@twenty40concepts.com
Contact Agent