4545 1st Ave SE Cedar Rapids, IA 52402

Price Reduced For Sale
4545 1st Ave SE
Cedar Rapids IA, 52402
Price: $4,493,500
Type: Retail
Sqft: 6874
Agent: Adam Gibbs
Broker: GLD Commercial Real Estate Advisors

Net leased investment opportunity ideally located on 1st Avenue/Hwy 151 in the heart of Cedar Rapids’ retail/commercial district near the busiest corner in Linn County. National credit tenants include FedEx Office and Aspen Dental. FedEx Office, with over 2200 locations nationwide, is a strong investment grade tenant with a market capitalization of over $50 Billion. Aspen Dental, the largest and fastest-growing branded network of dental practices in the US has nearly 900 locations in 42 states nationwide. Aspen Dental has pursued an aggressive growth strategy. The company targets new locations located in super-regional retail areas. In 2020, the company forecasted that more than 800 branded practices will service 5 million patient appointments. Aspen dental net lease properties are highly sought after investments. Contact LA for lease terms. Ownership contains licensed real estate professionals in the State of Iowa.