A high-quality, fully leased office investment located in the prestigious River Ridge Executive Park in Cedar Rapids, Iowa. The building is 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. The current offering provides investors with a 7.6% capitalization rate, making this...read more
Cooling
Central A/C
Flooring
Carpet
Heating
Central
Taxes
$27,746 Taxes
Year Built
Built in 1989
Property Type
Commercial - Office
Cooling
Central A/C
Features
Other
Flooring
Carpet
Heating
Central
Lease Type
NNN
Location
Corner Lot, Business Park
Lot Size
1.06 Acres
Road Frontage
County/City Road, Pavement
Roof Type
Other
Taxes
$27,746
Transaction Type
Sale
Utilities Available
Electricity, Natural Gas, Sewer, Telephone, Water-City
Year Built
1989
Zoning
TML