4201 Glass Road NE Cedar Rapids IA 52402
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4201 Glass Road NE Cedar Rapids IA 52402
This versatile multi-tenant office building offers significant future leasing potential and is strategically positioned in a sought-after area with excellent connectivity to major highways, including Hwy 100 and I-380. Spanning 7,360 SF on over 1.5 acres, the property features ample onsite parking with 44 spaces. Built in 1992, the building has seen recent updates to Suite A, adding a modern touch to its interior. Currently configured for two tenants, it offers a flexible setup that allows for continued multi-tenant use or conversion to a single-tenant layout, maximizing leasing opportunities. Cedar Rapids Pain Associates occupies 4,106 SF under a NNN lease at $11.75/SF through January 31, 2025, generating stable income for an owner-user or investor. Priced below market compared to similar properties in the area, this property represents a unique opportunity to capitalize on a prime location and secure long-term value.
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