290-298 Blairs Ferry Rd NE - Storefront Retail/Office FOR SALE


Cedar Rapids, IA 52402
$5,691,202 USD
319-721-1520
290-298 Blairs Ferry Rd NE, Cedar Rapids, IA for Sale
$5,691,202 USD
Storefront Retail/Office - FOR SALE
1/14
null | 8% Cap Rate

290-298 Blairs Ferry Rd NE
Cedar Rapids, IA 52402


HIGHLIGHTS

  • Prominent location with a high daily traffic count.

OVERVIEW

Presenting a high-quality investment property at 294-298 Blairs Ferry Rd NE in Cedar Rapids, IA. This multi-tenant asset is anchored by UnityPoint Health, operating both a hospice office and a durable medical equipment retail center. Additional tenants include the University of Dubuque’s remote learning facility and Salon Suites, a popular retail cosmetology concept. These diverse, stable tenants provide steady cash flow across healthcare, education, and personal services sectors. Strategically located in a high-traffic corridor with excellent visibility and access, this well-maintained property offers long-term income potential and minimal management intensity—ideal for investors seeking secure returns in a growing market.

FOR SALE DETAILS

PRICE

$5,691,202 USD

PRICE/SF

$270 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10920

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

SMC

APN/PARCEL ID

14022-28003-00000,14022-28004-00000

ASK ABOUT THIS PROPERTY

Adam GibbsGLD Commercial Real Estate AdvisorsMore Info
319-721-1520

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

Adam GibbsGLD Commercial Real Estate AdvisorsMore Info
319-721-1520

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