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.
Square Feet
6,874 Sq. Ft.
MLS#
2201370
MLS Feed
Trestle
Sale Price
$4,085,000.00
Status
Active
Property Type
Commercial Sale
Property Subtype
Investment
Property Features
Lot Size:
1.1 Acres
Taxes
$44,352
Property Descriptions
Parcel#
14024-51001-00000
Utilities
Electricity Available, Natural Gas Available
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