4201 Glass Rd NE, Cedar Rapids, IA 52402
4201 Glass Rd NE, Cedar Rapids, IA 52402
4201 Glass Rd NE, Cedar Rapids, IA 52402
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$850,000
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7,360 Sqft Lot
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4201 Glass Rd NE Cedar Rapids, IA 52402

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Amir Elgaali

Amir Elgaali

+1(319) 855-0017

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202601065

Year Built 1992

Annual Tax Amount $24,984

Tax Year 2022

Lot Size 7,360 Sqft

Acres 1.64

Property Sub-Type Office

Property Description

This versatile multi-tenant office building offers significant future leasing potential. Spanning 7,360 square feet on over 1.5 acres, the property features ample onsite parking with 44 spaces. The building has seen recent updates to Suite A, adding a modern touch to its interior, as well as a roof replacement in the summer of 2026. Currently configured for two tenants, it offers a flexible setup that allows for continued multi-tenant use or conversion to a single-tenant layout, maximizing leasing opportunities. With Cedar Rapids Pain Associates occupying 4,106 square feet under a NNN lease at $12.10/SF ($4,140/mo. + OpEx) through January 31, 2029, the property already generates stable income for an owner-user or investor. Priced below market compared to similar properties in the area, this office building represents a unique opportunity to capitalize on a prime location and secure long-term value.

Location

State IA

County Linn

Zoning T-ML

Direction Take I-380 to Glass Road Exit and head West. Building will be on your left or take Edgewood Road and turn East onto Glass Road, building will be on your right.

Interior

Heating Central

Cooling Central Air

Flooring Carpet

Exterior

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

Roof Type Composition

Building

Lot Size Range One To Two Acres

Structure Type Frame

Others

Tax ID 14071-80014-00000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by GLD Commercial Real Estate Advisors

NEARBY SCHOOL & BUSINESS

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Amir Elgaali

Amir Elgaali

Agent | License ID: 66564000

+1(319) 855-0017

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4201 Glass Rd NE