Sale-leaseback opportunity with a well-established veterinary clinic tenant. The owner will sign a 3-year lease at $13.95/SF NNN and cover the HOA fees and property taxes. Recent updates include a new roof installed this year with a 30-year warranty and new siding scheduled for completion by the end of November 2025. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal. Conveniently located in Fairfax—an established bedroom community near Cedar Rapids—just an 8-minute drive to I-380 for quick access to the metro area. Cedar Rapids has an approximate population of 276,000 residents with a median age of 37. Contact listing agents for further details.
MLS#
2509110
MLS Feed
Trestle
Price
$450,000
Status
Active
Property Type
Commercial Sale
Property Subtype
Investment
Property Features
Lot Size:
0.69 Acres
Taxes
$7,230
Property Descriptions
Parcel#
20102-52013-01000
Utilities
Electricity Available, Natural Gas Available
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