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615 1st Ave SE
Cedar Rapids, IA 52401
Kinder Care Learning Center · Retail Property For Sale
Investment Highlights
- Double Net Lease Through October 2032
- Corporate Guarantee From KinderCare, the Largest Childcare Provider with Over 1,400 Locations
- 10% Rent Increase in 2027
- Corner Location in Downtown Cedar Rapids with Courtyard Playground
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
34,483 SF
Building Class
B
Year Built
1970
Tenancy
Single
Building Height
2 Stories
Building FAR
1.11
Lot Size
0.71 AC
Parking
19 Spaces (0.97 Spaces per 1,000 SF Leased)
Frontage
221’ on 1st Ave
Property Taxes
| Parcel Number | 14214-51003-00000 | Improvements Assessment | $1,810,100 |
| Land Assessment | $373,400 | Total Assessment | $2,183,500 |
Property Taxes
Parcel Number
14214-51003-00000
Land Assessment
$373,400
Improvements Assessment
$1,810,100
Total Assessment
$2,183,500
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