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5005 Bowling St SW 17,285 SF Vacant Office Building Cedar Rapids, IA 52404 $1,995,000 ($115.42/SF) 4.57% Cap Rate



INVESTMENT HIGHLIGHTS
- Located in established professional business area.
EXECUTIVE SUMMARY
established healthcare tenants in place occupying 58% of the space. The remaining 9,980 SF is available for an owner occupant, offering the opportunity to
build equity while benefiting from existing rental income. Both tenants are regional healthcare providers with multiple locations across the Midwest.
PROPERTY FACTS
AMENITIES
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Delivered as a vanilla shell, ready for a customized floor plan. TI Allowance available for new flooring, paint, and drywall finish. Pass-through expenses are estimated and include Tenant’s electricity. Lease term is negotiable.
Delivered as a vanilla shell, ready for a customized floor plan. TI Allowance available for new flooring, paint, and drywall finish. Pass-through expenses are estimated and include Tenant’s electricity. Lease term is negotiable.
Delivered as a vanilla shell, ready for a customized floor plan. TI Allowance available for new flooring, paint, and drywall finish. Pass-through expenses are estimated and include Tenant’s electricity. Lease term is negotiable.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste A | 1,866 SF | Office | Partial Build-Out | Now |
| 1st Fl-Ste A1 | 3,922 SF | Office | Partial Build-Out | Now |
| 1st Fl-Ste A2 | 4,192 SF | Office | Partial Build-Out | Now |
1st Fl-Ste A
| Size |
| 1,866 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste A1
| Size |
| 3,922 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste A2
| Size |
| 4,192 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste A
| Size | 1,866 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Delivered as a vanilla shell, ready for a customized floor plan. TI Allowance available for new flooring, paint, and drywall finish. Pass-through expenses are estimated and include Tenant’s electricity. Lease term is negotiable.
1st Fl-Ste A1
| Size | 3,922 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Delivered as a vanilla shell, ready for a customized floor plan. TI Allowance available for new flooring, paint, and drywall finish. Pass-through expenses are estimated and include Tenant’s electricity. Lease term is negotiable.
1st Fl-Ste A2
| Size | 4,192 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Delivered as a vanilla shell, ready for a customized floor plan. TI Allowance available for new flooring, paint, and drywall finish. Pass-through expenses are estimated and include Tenant’s electricity. Lease term is negotiable.
PROPERTY TAXES
| Parcel Number | 19102-52002-00000 | Improvements Assessment | $1,536,200 |
| Land Assessment | $387,200 | Total Assessment | $1,923,400 |
PROPERTY TAXES
Presented by
5005 Bowling St SW
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