3950 River Ridge Dr NE - Office FOR SALE


Cedar Rapids, IA 52402
$1,630,000 USD
319-721-1520
3950 River Ridge Dr NE, Cedar Rapids, IA for Sale
$1,630,000 USD
Office - FOR SALE
1/20
null | 7.61% Cap Rate

3950 River Ridge Dr NE
Cedar Rapids, IA 52402


HIGHLIGHTS

  • The area is home to a diverse mix of corporate offices, financial institutions, and professional service firms.

OVERVIEW

A high-quality, fully leased office investment 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 nation's premier association representing the commercial integration industry. Both tenants are secured under triple net (NNN) lease structures, minimizing landlord responsibilities and providing stable, predictable income. 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.

FOR SALE DETAILS

PRICE

$1,630,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

7.61%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

TMUL

APN/PARCEL ID

14071-01007-00000

ASK ABOUT THIS PROPERTY

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

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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.