Kirkwood Courtyard | 5-Tenant Retail Center 6600 Kirkwood Blvd SW
9,517 SF 100% Leased Retail Building Cedar Rapids, IA 52404 $2,986,864 ($314/SF) 7% Cap Rate
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INVESTMENT HIGHLIGHTS
- 100% OCCUPIED RETAIL CENTER - Rare opportunity to own a fully leased property in a thriving market.
- PRIME LOCATION - Directly across from Kirkwood Community College, ensuring a steady flow of students and faculty.
- LOW VACANCY RATES - Cedar Rapids’ industrial market has only a 1.25% vacancy rate, supporting strong property values and rental growth.
- ESTABLISHED TENANTS - Reputable national brands like Scooter’s Coffee help drive foot traffic and enhance property appeal.
- ECONOMIC GROWTH IN CEDAR RAPIDS - Cedar Rapids is seeing major development, including a 750M+ data center project that will boost local demand.
EXECUTIVE SUMMARY
The Cedar Rapids business environment is thriving, with a strong local economy supported by diverse industries such as manufacturing, healthcare, and technology. The property boasts a competitive 7% cap rate, making it a financially compelling option for investors seeking steady cash flow and long-term appreciation. Additionally, with annual rent increases built into tenant agreements and multiple lease extension options available, the property ensures sustained revenue growth. Its combination of a prime location, strong tenancy, and market growth potential makes this an exceptional investment in a thriving community.
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signalized Intersection
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
They're simple. They're fresh. They're fast. The Jimmy John’s concept has remained largely unchanged since 1983, and today, they're one of America’s fastest-growing restaurant brands. Most importantly, people love their food – rooted in innovation with bold and unexpected sandwich experiences to keep them coming back for more! They've sold franchise units, and they have lots of room to grow their brand.
- Scooter's Coffee
- Accommodation and Food Services
- -
- -
- Triple Net
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Accommodation and Food Services | - | - | Triple Net | - | |
Scooter's Coffee | Accommodation and Food Services | - | - | Triple Net | - |
NEARBY MAJOR RETAILERS
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
PROPERTY TAXES
Parcel Number | 19161-77001-00000 | Improvements Assessment | $1,160,300 |
Land Assessment | $319,200 | Total Assessment | $1,479,500 |