Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

956 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

931 Blairs Ferry Rd NE 15,000 SF 100% Leased Retail Building Cedar Rapids, IA 52402 $6,235,200 ($415.68/SF) 6.25% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Positioned along a well-established commercial stretch that benefits from strong surrounding residential density and consistent local consumer demand.
Located within a stable retail node that attracts repeat neighborhood traffic and supports long-term tenant success.

Features convenient site access with dedicated parking that supports quick in-and-out visits for shoppers.

Executive Summary

The Natural Grocers at 931 Blairs Ferry Rd NE in Cedar Rapids, IA 52402 is strategically located in a busy northeastern corridor that serves both residential neighborhoods and regional traffic connecting to nearby Marion and Interstate 380, making it easily accessible for everyday grocery runs and specialty shopping trips. Nestled among a mix of local retail and services, this location benefits from proximity to main thoroughfares that draw regular foot and vehicle traffic, helping both health-focused locals and visitors find natural and organic products without going far from major routes. The area around the store offers a blend of community amenities and conveniences, which supports frequent customer visits and positions the grocer as a go-to destination for organic produce, vitamins, supplements, and other health-oriented groceries in Cedar Rapids

Hochman Brockman NG OM

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Building Size

15,000 SF

Building Class

Year Built

2016

Price

$6,235,200

Price Per SF

$415.68

Cap Rate

6.25%

NOI

$389,700

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.21

Lot Size

1.62 AC

Zoning

C-3

Parking

91 Spaces (6.06 Spaces per 1,000 SF Leased)

Major Tenants

Retailer
-
-
-

Natural Grocers is a U.S.-based grocery retailer specializing in natural and organic foods, dietary supplements, and eco-friendly household products. It runs a network of stores across multiple states, offering a curated selection of organic produce, natural body care, pet products, and nutritional education resources. The company emphasizes sustainability and affordability, maintaining strict product quality standards and providing educational programs to promote healthy lifestyles. Natural Grocers is publicly traded on the New York Stock Exchange under the ticker symbol NGVC. Over the decades, the brand has grown from a family-run business into a recognized name in the natural grocery sector, continuing to expand its footprint while supporting community health initiatives.