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2811 Wiley Boulevard SW Cedar Rapids, IA 52404

$3,190,000

  • 2.66 Acres
2811 Wiley Boulevard SW Cedar Rapids, IA 52404
2811 Wiley Boulevard SW photo #1
2811 Wiley Boulevard SW photo #2
2811 Wiley Boulevard SW photo #3

Attention investors! Sale leaseback of strategic corner in Westdale redevelopment at the signalized corner of Wiley and Williams. Property consists of a 37,000 SF strip center sitting on 2.66 acres. Current owners will enter into a master leaseback of the entire property based off a 6 cap with 10 year term. Rate to be $190,000 per year, absolute net.

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The Tiffany Earl Team

  • Mobile319-651-8165
  • Office319-363-8286

Property Details

Status
Active
MLS#
1604523
Property Type
Commercial
Sub Type
Investment
Lot Size
2.66 Acre
Acres
2.66
Zoning
C2
Gross Tax
$65,578.00

Building

Ceiling Height

  • 7ft-10ft

Floor

  • Concrete Slab

Utilities

Heating/Cooling

  • Central Air
  • Central Heat
  • Gas Heat

Power Available

  • 220 Volt

Terms

Terms

  • Cash

Map & Community

Driving Directions

About Cedar Rapids

Known as the City of Five Seasons, Cedar Rapids celebrates winter, spring, summer, fall, and a fifth season meant to enjoy life and all the other seasons. As the second largest city in the state of Iowa, Cedar Rapids is a vibrant city offering a dynamic arts and culture scene, a thriving downtown area with a wide variety of restaurants and nightlife and a growing urban living community. After experiencing a devasting flood in 2008, the Cedar Rapids community has flourished. With more than 1.5 billon spent for revitalization the community is booming with new and renovated entertainment venues and historic neighborhoods have been renewed. The Newbohemia district is a fast growing community offering a year round farmers marketing, local shops such as Raygun - famous for t-shirts - and aplethora of local bars and restaurants. Visit...


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  • Listing Agent: Tiffany Earl Williams
  • Office: Skogman Realty Commercial
  • Data courtesy of Cedar Rapids Association of Realtors MLS