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For Sale

Industrial Investment Opportunity

255 Classic Car Ct SW,
Cedar Rapids, IA 52404

Asset Snapshot

1992
Year Built
50%
Occupancy

Offering Summary

Investment Overview

255 Classic Car Ct SW is a fully leased industrial investment opportunity in southwest Cedar Rapids with excellent visibility from I-380 and quick access to both Highway 30 and I-380. The 4,800 SF flex building is now 100% occupied by two established tenants—JetSet Automotive/Duffy’s Classic Cars, which recently signed a new 5-year lease with annual rent increases, and Keenan Auto, secured on a new 10-year term. The property features four drive-in bays and prominent monument signage along a corridor long associated with the automotive industry.


Investment Highlights

  • Fully leased investment opportunity
  • 8.36% Cap Rate

How it Works

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Listing Syndicated From

Buildout
For Sale
$545,000
Asking Price