Investment Overview

Located at 6600 Kirkwood Blvd SW in Cedar Rapids, Iowa, this fully leased, five-tenant retail strip center presents a prime investment opportunity. Strategically positioned across from Kirkwood Community College, the property benefits from high visibility and consistent foot traffic from students, faculty, and local residents. With a strong mix of national and regional tenants, including Jimmy John’s, Clean Laundry, and Scooter’s Coffee, the center provides stable rental income with long-term lease agreements in place. The modern construction and well-maintained infrastructure further enhance its appeal, offering an attractive and low-maintenance investment in a growing commercial corridor. The Cedar Rapids business environment is thriving, with a strong local economy supported by diverse industries such as manufacturing, healthcare, and technology. The property boasts a competitive 7% cap rate, making it a financially compelling option for investors seeking steady cash flow and long-term appreciation. Additionally, with annual rent increases built into tenant agreements and multiple lease extension options available, the property ensures sustained revenue growth. Its combination of a prime location, strong tenancy, and market growth potential makes this an exceptional investment in a thriving community.