2811 Wiley Boulevard SW, Cedar Rapids
37682 Sq. Ft.
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.
City: Cedar Rapids
Flooring: Concrete Slab
Heating/Cooling: Central Air,Central Heat,Gas Heat
Water, Sewer, & Roads: City Sewer,City Water
Lot Size: 2.66 Acre
Construction Methods: Concrete Block
Miscellaneous: Disp Window,Kitchen Facility,Off Str Pkg,Rest Rooms,Sign,Sprinkler
Year Built: 1980
Parcel Number: 133645100400000/133645100200000
Listing Office: SKOGMAN REALTY COMMERCIAL
Listing Agent: Tiffany Earl Williams