3950 River Ridge Dr NE, Cedar Rapids, IA 52402
3950 River Ridge Dr NE, Cedar Rapids, IA 52402
3950 River Ridge Dr NE, Cedar Rapids, IA 52402
3950 River Ridge Dr NE, Cedar Rapids, IA 52402
3950 River Ridge Dr NE, Cedar Rapids, IA 52402
3950 River Ridge Dr NE, Cedar Rapids, IA 52402
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Dona Camp

Dona Camp

+1(515) 803-8380
$ 1,575,000
Est. payment | /mo

9,936 Sqft Lot

Save
$ 1,575,000
Est. payment | /mo
Save

9,936 Sqft Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202605245

Year Built 1989

Annual Tax Amount $27,746

Tax Year 2023

Lot Size 9,936 Sqft

Acres 1.06

Property Sub-Type Office

Property Description

A high-quality, fully leased office investment located in the prestigious River Ridge Executive Park in Cedar Rapids, Iowa. The building is 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 nation's premier association representing the commercial integration industry. Both tenants are secured under triple net (NNN) lease structures, minimizing landlord responsibilities and providing stable, predictable income. The current offering provides investors with a 7.6% capitalization rate, making this an attractive opportunity for those seeking strong cash flow in a mature professional office corridor. Strategically positioned just off I-380 and Collins Road/Highway 100, this property offers excellent accessibility and visibility in a thriving business park setting. 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. With its strong tenant roster, low-maintenance lease structure, and prime location, 3950 River Ridge Dr NE is an exceptional addition to any commercial real estate investment portfolio.

Location

State IA

County Linn

Zoning TML

Direction Traveling on Hwy 100, take the Edgewood Rd NE exit and head South. Turn East on River Center Ct NE and this property is on the corner of River Center Ct NE & River Ridge

Interior

Heating Central

Cooling Central Air

Flooring Carpet

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water

Roof Type Other

Building

Lot Size Range One To Two Acres

Structure Type Steel Or Metal

Others

Tax ID 14071-01007-00000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by GLD Commercial Real Estate Advisors
Dona Camp

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(515) 803-8380

donacamprealtor@gmail.com

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3950 River Ridge Dr NE