550 Wilson Ave SW | Cedar Rapids, IA 52404
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- LoopNet Team
550 Wilson Ave SW
Cedar Rapids, IA 52404
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant Recently Renovated The Site in 2022 Showing Long Term Commitment To the Site
- Strong Rental Increase To Hedge Against Inflation
- Long Operating History
- GPM Corporate Guaranty | GPM Southeast, LLC | 1,200+ Units
- Ideal 1031 Replacement Property Qualifying for Bonus Depreciation
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,252 SF
Building Class
C
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.33 AC
Zoning
Commercial - Commercial Zoning
Parking
25 Spaces (7.68 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Banking
- Corner Lot
- Fenced Lot
- Security System
- Signage
- Storage Space
- Monument Signage
PROPERTY TAXES
| Parcel Number | 14332-51002-00000 | Improvements Assessment | $767,500 |
| Land Assessment | $399,000 | Total Assessment | $1,166,500 |
PROPERTY TAXES
Parcel Number
14332-51002-00000
Land Assessment
$399,000
Improvements Assessment
$767,500
Total Assessment
$1,166,500
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