Exceptional investment opportunity featuring a 232,750 SF institutional-quality distribution warehouse leased to Consolidated Electrical Distributors, a nationally recognized, financially strong tenant. The property generates $85,400/month ($1,024,800 annually) in NNN income and is offered at $13,664,000, reflecting a compelling 7.5% capitalization rate. The building offers tall clear heights and efficient distribution functionality, supporting long-term tenant retention and operational flexibility. In-place rents are below current market levels, providing attractive upside potential, while the offering is priced well below replacement cost, enhancing downside protection. Strategically located with immediate access to Highway 30 and I-380, the property benefits from excellent regional and interstate connectivity. The site is positioned near the major 1,400- acre data center campus development anchored by Google and QTS Data Centers, further strengthening long-term demand and investment fundamentals. This is a rare opportunity to acquire a stabilized, credit-tenant industrial asset with strong current cash flow, embedded growth potential, and durable location advantages in the Cedar Rapids market