1100 Cimmie Ave NE
Cedar Rapids, IA 52402
Rockwell Collins · Office Property For Sale

Rockwell Collins was built to suit in 2005. Rockwell Collins recently exercised its 2nd, 3-year renewal option at the option rent which included a 6% rent increase. Tenant has 1, 3-year renewal option remaining at a 6% rent increase. A major benefit to the investment is the scope of tenant improvements and equipment already vested by the tenant at this location, further showcasing the intent to stay at this major mid-west hub location for years to come. The Property was a build to suit for Rockwell Collins in 2005 and is their only facility where R&D for rotary avionics and aeronautics is conducted. Rockwell Collins just announced that all of the programs completed at this location will remain in Cedar Rapids indefinitely. Cedar Rapid’s economy is diversifying even further in the form of high-tech industries which now have operations in Cedar Rapids. As a result, Cedar Rapids has earned the title of being the technological corridor of the Midwest and the economy has boomed from this influx of new business to the area. With the diversification of business and industry to the area, higher salaries and more disposable income have also boosted retail sales in the city.