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3950 River Ridge Drive NE

Cedar Rapids, IA 52402
  • $1,575,000
  • STATUS: Active
  • ON SITE: 139 Days
  • MLS #: 2506600
UPDATED: 53 min ago
$1,575,000
  • 0
    BEDS
  • 1.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,936
    SQFT
  • $159
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

A high-quality, fully leased office investment located in River Ridge Executive Park occupied by two well-established tenants: Advancement Resources, a global leader in professional development and philanthropic strategy, and the National Systems Contractors Association (NSCA), the premier association representing the commercial integration industry. Both tenants are secured under NNN lease structures, minimizing landlord responsibilities and providing stable income. The current offering provides investors a 7.6% cap rate. Positioned just off I-380 and Collins Road/Highway 100, this property offers excellent accessibility and visibility. The area is home to a diverse mix of corporate offices, financial institutions, and professional service firms, with nearby amenities including restaurants, hotels, and retail centers serving the robust NE Cedar Rapids business district.

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© 2025 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 Key Realty. Data last updated: 2025-12-16T08:42:33.653.
www.buyandselliowa.com/homes/166385053
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3950 River Ridge Drive NE Cedar Rapids, IA 52402

  • Price: $1,575,000
  • Status: Active
  • On Site: 139 Days
  • Updated: 53 min ago
  • MLS #: 2506600
0
Beds
0
Baths
0
½ Baths
1.06
Acres
9,936
SQFT
$159
$/SQFT
1989
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Property Description
A high-quality, fully leased office investment located in River Ridge Executive Park occupied by two well-established tenants: Advancement Resources, a global leader in professional development and philanthropic strategy, and the National Systems Contractors Association (NSCA), the premier association representing the commercial integration industry. Both tenants are secured under NNN lease structures, minimizing landlord responsibilities and providing stable income. The current offering provides investors a 7.6% cap rate. Positioned just off I-380 and Collins Road/Highway 100, this property offers excellent accessibility and visibility. The area is home to a diverse mix of corporate offices, financial institutions, and professional service firms, with nearby amenities including restaurants, hotels, and retail centers serving the robust NE Cedar Rapids business district.
Exterior Features

Construction Materials Steel Parking Features Off Street Roof Membrane

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Carpet Heating Central Heating YN Yes Levels One

Property Features

Building Features Multi- Tenant Private Restrooms Inclusions Building Land Lease Considered YN No Listing Terms Cash Other Possession Negotiable Property Sub Type Investment Property Sub Type Additional Investment Sewer Public Sewer Tax Annual Amount 27746 Utilities Electricity Available Natural Gas Available Water Source Public Zoning TML Zoning Description TML

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Adam Gibbs of GLD COMMERCIAL: 319-731-3400.
© 2025 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 Key Realty. Data last updated: 2025-12-16T08:42:33.653.
 
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Key Realty
4403 1st AV NE, STE 503
Cedar Rapids IA, 52402