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 and visibility. The area is home to a diverse mix of corporate offices, financial institutions, and professional service firms, with nearby amenities including restaurants, hotels, and retail centers serving the robust NE Cedar Rapids business district.
MLS#
2506600
MLS Feed
Trestle
Price
$1,630,000
Status
Active
Property Type
Commercial Sale
Property Subtype
Investment
Property Features
Lot Size:
1.06 Acres
Taxes
$27,746
Property Descriptions
Parcel#
14071-01007-00000
Utilities
Electricity Available, Natural Gas Available
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