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931 Blairs Ferry Rd NE 15,000 SF 100% Leased Retail Building Cedar Rapids, IA 52402 $8,534,680 CAD ($568.98 CAD/SF) 6.25% Cap Rate

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Investment Highlights

Positioned along a well-established commercial stretch that benefits from strong surrounding residential density and consistent local consumer demand.
Located within a stable retail node that attracts repeat neighborhood traffic and supports long-term tenant success.

Features convenient site access with dedicated parking that supports quick in-and-out visits for shoppers.

Executive Summary

The Natural Grocers at 931 Blairs Ferry Rd NE in Cedar Rapids, IA 52402 is strategically located in a busy northeastern corridor that serves both residential neighborhoods and regional traffic connecting to nearby Marion and Interstate 380, making it easily accessible for everyday grocery runs and specialty shopping trips. Nestled among a mix of local retail and services, this location benefits from proximity to main thoroughfares that draw regular foot and vehicle traffic, helping both health-focused locals and visitors find natural and organic products without going far from major routes. The area around the store offers a blend of community amenities and conveniences, which supports frequent customer visits and positions the grocer as a go-to destination for organic produce, vitamins, supplements, and other health-oriented groceries in Cedar Rapids

Hochman Brockman NG OM

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Building Size

15,000 SF

Building Class

Year Built

2016

Price

$8,534,680 CAD

Price Per SF

$568.98 CAD

Cap Rate

6.25%

NOI

$533,417 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.21

Lot Size

1.62 AC

Zoning

C-3

Parking

91 Spaces (6.06 Spaces per 1,000 SF Leased)

Major Tenants

Retailer
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Depuis plus de plusieurs années, Natural Grocers combine l'abordabilité des produits alimentaires naturels et des suppléments alimentaires avec une éducation gratuite en matière de santé et de nutrition. Leurs normes de pointe dans l'industrie ne sont jamais compromises afin de responsabiliser leur communauté. Leur mission est partagée en fournissant une sélection de plus de 30 000 produits d'épicerie naturels et biologiques, des suppléments, des produits de soins corporels et ménagers ainsi que de la documentation scientifique gratuite, des conseils nutritionnels et des démonstrations culinaires éducatives animées par des employés enthousiastes et compétents. L'accès à des renseignements nutritionnels exacts et à des produits naturels de la plus haute qualité est la raison pour laquelle ils existent.