2435 Edgewood Rd SW
Cedar Rapids, IA 52404
Institutional Sale - Flexible Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2435 Edgewood Road presents the market an opportunity to acquire a vacant movie theater in the Westdale Town Center Shopping Center.
- Rare value-add opportunity to acquire a vacant movie theater located in a prominent retail node with big-box store potential.
- Within 6 miles of Eastern Iowa Airport, the 3,042-employee BAE Systems, 532-bed UnityPoint – St. Luke’s Hospital, and 445-bed Mercy Medical Center.
- Prime location along a highly trafficked, 19,400 VPD commercial corridor that features Walmart Supercenter, Target, Menards, JCPenney, and many more.
- Access to a robust population that is expected to grow 5% over the next five years within a 1-mile radius of the property.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Movie Theater
Building Size
46,181 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
9.57 AC
Zoning
S-MR - Suburban Mixed Use Regional Center
Parking
297 Spaces (6.43 Spaces per 1,000 SF Leased)
Frontage
200’ on Edgewood Road SW
AMENITIES
- Bus Line
- Pylon Sign
- Security System
- Signage
- Air Conditioning
