Two tenant 13,919 SF office investment property, GSA Dept of Veterans Affairs and Genova. GSA lease term through January 3, 2042 and Genova lease term through May 31, 2029. Projected 2026 NOI $148,700 priced at 8.6% CAP rate. GSA has initiated a $282,000 remodel of their space showing their continued commitment to the location.
FOR SALE OR LEASE – Step into history with this beautifully maintained 120-year-old landmark that blends timeless charm with modern updates! This two-story concrete frame building offers unique character and endless potential, located just steps from the MedQ and minutes from I-380 for easy access. Enjoy 12 off-street parking spaces plus free parking along 8th Street SE. With multiple entrances and exits, the layout easily supports single or multi-tenant use, making it ideal for offices, studios, or professional services. The...
Explore this exceptional income-producing investment opportunity in the heart of the MedQuarter, a core district in the heart of Cedar Rapids. Boasting four buildings and a parking lot situated contiguously on 1st Ave SE. Strategically located directly across 1st Ave from Coe College and in an opportunity zone, this property offers immense potential for entrepreneurs and investors alike. Renovated in 2021, this property has been updated to offer a modern and accommodating environment for businesses. Currently, the property features four...
Prime investment opportunity on high-traffic Blairs Ferry Road in Cedar Rapids! This well-located strip center is anchored by Dollar General and benefits from over 21,000 vehicles per day, providing excellent visibility and steady customer flow. Additional tenants include Batteries Plus, Willie Ray’s Q Shack, and EZ Money, creating a strong and diverse tenant mix. The property offers ample on-site parking, prominent Blairs Ferry Road frontage, and a rear loading dock for easy operations. Conveniently located near Collins Aerospace, Collins Road,...
Benefit from incredible exposure with I-380 frontage that is highly visible from both north and south. Daily traffic of approximately 85,000 cars per day. Strategically situated at the Wright Brothers/Eastern Iowa Airport exit, this site offers unparalleled access and convenience for employees and customers. The site has utilities and a regional detention basin already in place, facilitating a seamless development process. This location will benefit from active infrastructure upgrades, including a new signal at Wright Brothers, dual entrance/exit lanes off...
A high-quality, fully leased office investment located in River Ridge Executive Park occupied by two well-established tenants: Advancement Resources, a global leader in professional development and philanthropic strategy, and the National Systems Contractors Association (NSCA), the premier association representing the commercial integration industry. Both tenants are secured under NNN lease structures, minimizing landlord responsibilities and providing stable income. The current offering provides investors a 7.6% cap rate. Positioned just off I-380 and Collins Road/Highway 100, this property offers excellent accessibility...
Versatile Warehouse Facility with Office with Over 22,500 SF of Space. Explore the opportunity to own this expansive warehouse and office complex offering a total of 22,520 SF across multiple structures, ideal for logistics, storage, or growing businesses. Office Space: A separate 2,100 SF office building built in 2018, offering modern workspace with potential to expand westward or configure for additional offices. Warehouse Breakdown (20,420 SF total): 7,200 SF pole frame warehouse (built 1979) – unheated, 6,350 SF pole frame...
Exceptional retail/commercial location along busy Williams Blvd. The site offers the potential to be split (see concept plan) with one lot facing 16th Avenue SW. Sewer and water is to the site. Suburban Mixed Use Community Center zoning. Owner will build-to-suit for a qualified tenant.
For additional listings throughout Linn and/or Johnson counties, please contact GLD at 319.731.3400.