4515 Westdale Parkway Sw is a $2,415,479, 5,500 square foot home on a 1.37 acre lot located in Cedar Rapids, IA.
An excellent opportunity to purchase a stand-alone NNN Boulder Tap House built in 2023 with 9.5 years remaining. The lease has four 5-year renewals with 10% increases for every option. Westdale is strategically located on Edgewood Rd with seamless access from Hwy 30 and I-380, giving investors the opportunity to purchase an infill shopping center in a growing and positive area of the Corridor. Built in 1979, Westdale was originally comprised of a 900,000 SF traditional two-story enclosed Shopping Mall. In 2014, the mall went through a transformative redevelopment. Now boasting five major big box retail buildings & numerous development pads across 40 acres, Westdale is a vibrant hub of commerce & community. With a diverse tenant mix, including PetSmart, Ross Dress for Less, Michael’s, Burlington, JCPenney, GSA (VA Clinic) and more, currently 100% occupied, drawing from local, regional, and national markets.
| Interior Features | Flooring - See Remarks |
| Cooling Types | Cooling - Yes Cooling - Central Air |
| Exterior Features | Utilities - See Remarks Tenant Pays (Income) - See Remarks Electric - See Remarks |
| Roof | See Remarks |
| Construction Types | See Remarks |
| Water Source | Public |
| Sewer | Public Sewer |
| Date on Market | 08/26/2024 |
| Property Type | Commercial Sale |
| Property Sub Type | Mobile Home |
| Year Built | 2023 |
| HOA Fee | $0.00 |
| Taxes | $21,714.00 |
| County | linn |
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