Cushman & Wakefield Iowa Commercial Advisors is pleased to offer to investors an excellent opportunity to purchase a stand-alone NNN PetSmart built in 2017 in Cedar Rapids, IA. The tenant recently waived their early termination right and has 3+ years remaining on their term. The first 5-year option period has a 12.5% increase in base rent, with each 5-year option following with 5% increases.
Westdale is strategically located on Edgewood Road with seamless access from Hwy 30 & I-380, giving investors the opportunity to purchase an infill shopping center in a growing and positive area of the Corridor.