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6201 16th Avenue SW , 2.9 Ac

Cedar Rapids, IA 52404
  • $1,000,000
  • STATUS: Closed
  • ON SITE: 437 Days
  • MLS #: 2506768
Sold - 03/02/2026
$1,000,000
SOLD - 03/02/2026
  • 0
    BEDS
  • 2.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
County:
Area:

School Ratings & Info

Description

Fully leased and recently improved industrial investment opportunity with a national credit Tenant, United Rentals. Lease is secured under a NNN structure with annual base rent increases. This industrial outdoor storage opportunity is 2.9 acres and features a paved concrete lot, new 6’ high fencing with a 30’ powered gate with keypad entry, and new LED lighting. The current offering provides investors with a 7.0% CAP rate. The adjacent land to the west is also for sale, with an opportunity for a Buyer to secure an additional 7.97-11.01 acres of industrial zoned ground. Buyer to be responsible for unamortized cost of improvements at the time of closing. Contact the listing agent for additional details.

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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-10-17T22:42:37.113.
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6201 16th Avenue SW , 2.9 Ac Cedar Rapids, IA 52404

  • Price: $1,071,428
  • Status: Closed
  • On Site: 437 Days
  • Updated: 34 min ago
  • MLS #: 2506768
0
Beds
0
Baths
0
½ Baths
2.9
Acres
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Property Description
Fully leased and recently improved industrial investment opportunity with a national credit Tenant, United Rentals. Lease is secured under a NNN structure with annual base rent increases. This industrial outdoor storage opportunity is 2.9 acres and features a paved concrete lot, new 6’ high fencing with a 30’ powered gate with keypad entry, and new LED lighting. The current offering provides investors with a 7.0% CAP rate. The adjacent land to the west is also for sale, with an opportunity for a Buyer to secure an additional 7.97-11.01 acres of industrial zoned ground. Buyer to be responsible for unamortized cost of improvements at the time of closing. Contact the listing agent for additional details.
Exterior Features

Exterior Features Fence Lot Features Level Road Surface Type Paved

Property Features

Listing Terms Cash Conventional Possession Immediately Property Sub Type Commercial Property Sub Type Additional Commercial Unimproved Land Sewer Not Connected Public Sewer Tax Annual Amount 0 Utilities Electricity Available Natural Gas Available Water Source Not Connected Public Zoning Description LI

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Jennifer Sexton of GLD COMMERCIAL: 319-731-3400.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-10-17T22:42:37.113.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411