4545 1st Ave SE Cedar Rapids, IA 52402

Price
$4,085,000
Listed On
Type
For Sale
Status
Active
4545 1st Ave SE, Cedar Rapids, IA 52402
Asking  $4,085,000

Snapshot

Property Type
Other
Lot Size
1.10 acres
Property Sqft
MLS Number
202201331
Year Built
2018
Days On Market

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.

More Details

Provider
GLD Commercial Real Estate Advisors
MLS ID
ICAARIA
MLS Name
Iowa City Area Association of REALTORS®
MLS Number
202201331
Source
listhub
PARTICIPANT
Name
Adam Gibbs
Primary Phone
(319) 721-1520
Key
3YD-ICAARIA-2447
Email
agibbs@gldcommercial.com
BROKER
Name
GLD Commercial Real Estate Advisors
Phone
United States (+1) 319-731-3410
OFFICE
Name
GLD Commercial Real Estate Advisors
Phone
(319) 731-3410
Copyright © 2024 Iowa City Area Association of REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Price Changed$4,085,000 -9.09%GLD Commercial Real Estate Advisors
Price Changed$4,493,500 -5%GLD Commercial Real Estate Advisors
Listed For Sale$4,730,000 GLD Commercial Real Estate Advisors
Report issue with price history

Nearby Schools

Elementary School

Kenwood Elementary School

1.1 miles awayPK - 05

Elementary School

Bowman Woods Elementary School

1.5 miles awayPK - 05

Elementary School

Arthur Elementary School

1.6 miles awayPK - 05
Show more
Get more info on 4545 1st Ave SE, Cedar Rapids, IA 52402
Profile
Adam Gibbs
Listing Agent
(319) 721-1520
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Adam Gibbs
Listing Agent
(319) 721-1520
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.