Value-Add Industrial Opportunity
5265 Rockwell Drive NE, Cedar Rapids, IA 52402
Closing Notes
- Secured a California Buyer
- All Cash Buyer
- 100,000 Square Foot Building Situated on Nearly 11 Acres of Land
Property Description
Price: $8,250,000
Price Per/SF: $82.30
Land Area: ±6.00 AC
Cap Rate: 9.36% Current | 11.12% Pro Forma
Gross Leasable Area: ±100,240 Square Feet
Year Built: 1979
Contact Information
Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
craig.elster@marcusmillichap.com
License: CA 01958307
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643