2350 Edgewood Rd SW - Restaurant FOR SALE


Cedar Rapids, IA 52404
$2,047,000 USD
949-221-1803
2350 Edgewood Rd SW, Cedar Rapids, IA for Sale
$2,047,000 USD
Restaurant - FOR SALE
1/5
null | 6.35% Cap Rate

2350 Edgewood Rd SW
Cedar Rapids, IA 52404


HIGHLIGHTS

  • Brand new construction, dual drive-thru 7 Brew coffee property
  • Summer 2025 Grand Opening | Cedar Rapids: Iowa’s second largest city (137,000+ residents)
  • Absolute NNN ground lease: ultimate ease of management for investor
  • Corner parcel at 4-way intersection / one of the top-visited Iowa retail corridors
  • Massive Google / QTS Data Center presence & investments within 3.0 miles of subject property | 612 acres / $1.3 Billion dollar total investment
  • 7 Brew Coffee: 415+ units and growing nationwide

OVERVIEW

IOWA BROKER OF RECORD....ERIN ROONEY, CCIM...IA License No. B42992000 Faris Lee Investments is pleased to present the opportunity to acquire a brand new, freestanding, dual drive-thru 7 Brew Coffee property located in Cedar Rapids, IA - the second-largest city in Iowa. This QSR Coffee asset is positioned on a corner lot, with fantastic visibility and access to the 4-way intersection on Edgewood Road (22,000+ VPD). The subject property is also adjacent to major local thoroughfare Highway 151, which connects nearly the entire Cedar Rapids community east-west. 7 Brew Coffee is slated for a July/August 2025 grand opening and features a brand new, 15-year, Absolute NNN ground lease with 10% rental increases every five years - providing an investors with a hedge against inflation and increasing cash flow. The long term lease, 7 Brew brand momentum, and absence of landlord responsibilities creates an outstanding investment opportunity for a passive investor. The subject property is situated as an outparcel to the Westdale Town Center. Placer.ai ranks the shopping center as one of Iowa’s most visited shopping destinations, attracting 4.0 million annual visitors and ranking 12th out of 232 shopping centers statewide. The Westdale Town Center is also flanked by national retailers including Target, Walmart, new apartment complexes, and supported by 95,000+ residents within a 5-mile radius. Neighboring QSR tenants include Chick-Fil-A, Freddy’s, Culver’s, Jersey Mike’s, Firehouse Subs, Wingstop, & more. Cedar Rapids, known as an economic hub for Iowa, notably welcomed a $1.3 Billion dollar development for Google / QTS in 2025. This brand-new data center campus sits just 3.0 miles away from the subject property. With unmatched sales numbers and a phenomenal retail trade area, this investment offering presents a unique opportunity to acquire a NNN property in the state of Iowa.

FOR SALE DETAILS

PRICE

$2,047,000 USD

PRICE/SF

$475 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew Coffee | Westdale Ctr 4 Million Visits

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

SMR

APN/PARCEL ID

13364-01028-00000

ASK ABOUT THIS PROPERTY

Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

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Tyler StraussFaris Lee InvestmentsMore Info
949-221-1803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.