Investment Opportunity: Nnn Lease Medical Facility with Mercy Medical Tenant in Prime Location

5264 Council Street Northeast, Cedar Rapids, Iowa, 52402, USA
USD $9,200,000-
Long term sale leaseback with Mercy Medical
-
NNN lease with annual rent escalations
-
Medical facility hosting urgent care services
-
Includes dialysis and multiple medical practice groups
-
Income stream below replacement cost
- Transaction Type: Commercial
- Property Type: Special purpose
- Status: Pending
- Area: 70,326 sf
Businesses Nearby
Via Sofia's
Cruz's Cafe
Cheddar's Scratch Kitchen
Emil's Hideaway
Starlite Room
CITYWALK EATERY
The Map Room
The District CR
Crosby's
Lucky's on 16th
Public Transportation
MercyCare North Urgent Care
Mercy Health Plaza Rehabilitation Services
Ground Transportation Center
Cedar Rapids Transit
Cedar Rapids Transit
Airports
MercyCare North Urgent Care
Cedar Rapids Municipal Airport
Eastern Iowa Airport
Cedar Rapids VOR-DME CID 114.1
Iowa City Municipal Airport
Waterloo Regional Airport
Dubuque Regional Airport
Quad Cities International Airport
Des Moines International Airport
DISCLAIMER: Listing data provided to the Site by third parties. Reliance Relocation Services, Inc. and subsidiary companies do not warrant or make representations regarding the listings and other information displayed on the page, including the reliability, accuracy, or currency of any information, content, or service displayed on this page. Listings may be withdrawn from the market at any time and are subject to errors, omissions, and prior sale or rental without notice.