Park Place Office FOR SALE


Cedar Rapids, IA
$2,727,298 USD
319-651-8165
, Cedar Rapids, IA for Sale
$2,727,298 USD
Office - FOR SALE
1/6
null | 9.29% Cap Rate

Park Place
Cedar Rapids, IA


HIGHLIGHTS

  • Prime 3 building, multi-tenant office investment opportunity off HW-100/Collins Rd NE, adjacent to Panera Bread.
  • Consistent occupancy, excellent parking, and effortless I-380 access.
  • Approximately 87% occupancy with the potential for rent lift and additional upside through additional leasing.

OVERVIEW

Prime 3 building, multi-tenant office investment opportunity off HW-100/Collins Rd NE, adjacent to Panera Bread. Enjoy consistent occupancy, excellent parking, and effortless I-380 access. Well-maintained buildings with a proven track record. Approximately 87% occupancy with the potential for rent lift and additional upside through additional leasing. Net Operating Income: $253,366 Cap Rate: 9.29% Offering Price: $2,728,000

ASK ABOUT THIS PROPERTY

Tiffany Earl-WilliamsTiffany Earl at the Skogman Commerical GroupMore Info
319-651-8165

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Tiffany Earl-WilliamsTiffany Earl at the Skogman Commerical GroupMore Info
319-651-8165

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