1140 Blairs Ferry Rd NE

1140 Blairs Ferry Rd NE, Cedar Rapids, IA 52402

  • For Sale $2,362,335
  • Property Type Retail - Street Retail
  • Property Size 7,801 SF
  • Lot Size 1.12 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1993
  • Date Updated Aug 6, 2024
Excellent location on Blairs Ferry Rd NE between Council Street and Rockwell Dr NE.Fully Leased and recently remodeled retail investment opportunity near Super Target! Multi-tenant retail property located along Blairs Ferry Rd NE - nearly 23,000 vehicles per day. THE PROPERTY WAS EXTENSIVELY RENOVATED IN 2021/2022, INCLUDING A NEW ROOF, NEW FACADE AND ALL NEW HVAC. Tenants include: Dunn Brothers Coffee, The Good Feet Store, and Mextizo; all leases are personally guaranteed by principals of the tenant entities. 128 parking spaces included. 7.25% CAP rate. Current NOI: $171,272; subject to annual rental increases per the leases. Contact listing agent for additional details. Member of the ownership entity is a licensed REALTOR in the state of Iowa.Newly remodeled multi-tenant retail property. Perfect for retail, restaurant, coffee shop, or service tenants looking for a highly visible location along Blairs Ferry Rd NE. Approximately 23,000 vehicles per day at this location. Unit 1 includes an outdoor patio for additional seating and Unit 4 includes a drive-thru.

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Attachments

Highlights

  • Fully leased multi-tenant retail investment opportunity
  • Located on highly travelled Blairs Ferry Rd NE
  • 128 parking spaces
  • 7.25% CAP rate

Contacts

broker

Adam Gibbs, SIOR

GLD Commercial

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent

  • Transit Score ®

    21/100 Minimal Transit

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cedar Rapids, IA
  • Neighborhood Cedar Rapids
  • Zip Code 52402

Points of Interest

  • Kwik Star

    0.20 miles

  • Casey's General Store

    0.22 miles

  • KwikShop

    0.74 miles

  • ChargePoint

    0.75 miles

  • Sinclair

    1.02 miles

  • Kwik Trip

    1.18 miles

  • Fas Fuel

    1.26 miles

  • Kum & Go

    1.50 miles

  • Tesla Destination Charger

    1.78 miles

  • Tesla Supercharger

    5.49 miles

  • 27th Street Lot

    2.15 miles

  • Prairie Drive Lot

    2.22 miles

  • Upper Andreas Lot

    2.35 miles

  • Lower Andreas Lot

    2.35 miles

  • Immaculate Conception Catholic Church Parking

    3.77 miles

  • Five Seasons Parking Ramp

    3.85 miles

  • Lot 10

    3.88 miles

  • Lot 9

    3.91 miles

  • Lot 12

    3.95 miles

  • 3rd Avenue Ramp

    4.05 miles

  • Buffalo Wild Wings

    0.04 miles

  • Domino's

    0.06 miles

  • Jimmy John's

    0.06 miles

  • Moe's Southwest Grill

    0.07 miles

  • Burger King

    0.07 miles

  • McDonald's

    0.12 miles

  • 30Hop

    0.26 miles

  • Oyama Sushi Japanese Steak House

    0.29 miles

  • Subway

    0.31 miles

  • Delhicacy

    0.32 miles

  • Target

    0.17 miles

  • Natural Grocers

    0.29 miles

  • Ken's Magic Shop

    0.71 miles

  • Asian General Store

    0.91 miles

  • Our Himalayan Store

    1.12 miles

  • Kohl's

    1.13 miles

  • TJ Maxx

    1.25 miles

  • ALDI

    1.40 miles

  • Cassil Motors

    1.46 miles

  • Walmart Supercenter

    1.48 miles

Frequently Asked Questions

How much does 1140 Blairs Ferry Rd NE cost?

The space currently listed for sale at 1140 Blairs Ferry Rd NE asks for $2,362,335.

What is the total square footage of 1140 Blairs Ferry Rd NE?

1140 Blairs Ferry Rd NE totals 7,801 square feet.

When was this property built?

1140 Blairs Ferry Rd NE was built in 1993.

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Contact Listing Broker

broker

Adam Gibbs, SIOR

GLD Commercial