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Attention investors! Sale leaseback of strategic corner in Westdale redevelopment at the signalized corner of Wiley and Williams. Property consists of a 37,000 SF strip center sitting on 2.66 acres. Current owners will enter into a master leaseback of the entire property based off a 6 cap with 10 year term. Rate to be $190,000 per year, absolute net.

Presented By

The Tiffany Earl Team

Direct 319.651.8165 Office 319.363.8286

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Property

Subtype
Investment
Area
SW Quadrant
Lot Size
2.66 Acre
Acres
2.66
Year Built
1980
County
Linn
Zoning
C2
Gross Tax
$65578
Traffic Count
20001-30000

Building

Total SqFt
37,682

Ceiling Height
  • 7ft-10ft

Floor
  • Concrete Slab

Utilities

Heating/Cooling
  • Central Air
  • Central Heat
  • Gas Heat

Power Available
  • 220 Volt

Terms

Terms
  • Cash

Map & Points of Interest

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Community Info

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Listing Agent: Tiffany Earl Williams | Office: Skogman Realty Commercial | Data courtesy of Cedar Rapids Association of Realtors MLS