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Listed price in listed location currency (USD).
$1,575,000

000

MLS® 2506600

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 9936 sqft
Garage No
Maintenance Fees 
Taxes $27,746
Days Active 141
Approx. Age 1989
Avg. Price Per Sqft $158
MLS® Number 2506600

Property Address: 3950 River Ridge Dr Ne, Cedar Rapids, IA, 52402-7533

Average square foot calculated using Size range provided by listing agent.

Description

A high-quality, fully leased office investment located in River Ridge Executive Park occupied by two well-established tenants: Advancement Resources, a global leader in professional development and philanthropic strategy, and the National Systems Contractors Association (NSCA), the premier association representing the commercial integration industry. Both tenants are secured under NNN lease structures, minimizing landlord responsibilities and providing stable income. The current offering provides investors a 7.6% cap rate. Positioned just off I-380 and Collins Road/Highway 100, this property offers excellent accessibility and visibility. The area is home to a diverse mix of corporate offices, financial institutions, and professional service firms, with nearby amenities including restaurants, hotels, and retail centers serving the robust NE Cedar Rapids business district.
MLS® Number2506600
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1989
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 29, 2025List Date
$1,575,000List Price
  • Commute

Commute

Starting Address
Destination Address
3950 River Ridge Dr Ne, Cedar Rapids, IA

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