Wabtec Building

5250 N River Blvd NE, Cedar Rapids, IA 52411

  • For Sale $4,300,000
  • Property Type Office - General Office
  • Property Size 37,016 SF
  • Lot Size 3.82 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1999
  • Date Updated Oct 22, 2024
The property is located in a well located office park adjacent to Skyworks Solutions and near the newly built Hilton Garden Inn, easily accessed off Hwy 100.The property is a 37,016 square foot flex-office building situated on 3.82 acres in Cedar Rapids, IA and leased to Wabtec Corporation. Wabtec recently demonstrated its commitment to the property by extending the lease for another 5 years, currently expiring on June 30, 2029. The lease contains an annual rent escalation of 3.5% along with two (2) three (3) year extension options. The property was originally designed and constructed for RELCO Locomotives, a predecessor to Wabtec Corporation, in 1999. Wabtec Corporation is a global company that provides equipment, systems, and services for the transportation industry. Wabtec acquired RELCO Locomotives, a company that provides locomotive leasing, rebuilding, and repair services. Wabtec's acquisition of RELCO expanded their freight services capabilities and capacity.

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Attachments

Highlights

  • 37,016 SF flex/office building
  • Leased to Wabtec Corporation

Contacts

broker

Dave Drown, SIOR, CCIM

GLD Commercial

Location

Getting Around

  • Walk Score ®

    6/100 Car-Dependent
  • Transit Score ®

    20/100 Minimal Transit
  • Bike Score ®

    24/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cedar Rapids, IA
  • Zip Code 52411

Points of Interest

  • Hy-Vee Gas

    0.74 miles

  • Kwik Star

    0.78 miles

  • BP

    1.53 miles

  • Fas Fuel

    1.78 miles

  • Casey's General Store

    1.91 miles

  • KwikShop

    2.30 miles

  • Kwik Trip

    2.44 miles

  • Sierra Convenience

    2.77 miles

  • ChargePoint

    3.51 miles

  • Tesla Destination Charger

    4.72 miles

  • 27th Street Lot

    3.48 miles

  • Lower Andreas Lot

    3.57 miles

  • Upper Andreas Lot

    3.58 miles

  • Prairie Drive Lot

    3.61 miles

  • Lot 10

    4.01 miles

  • Lot 9

    4.04 miles

  • Lot 12

    4.04 miles

  • Five Seasons Parking Ramp

    4.10 miles

  • May's Island Ramp

    4.27 miles

  • Lot 3

    4.28 miles

  • Hilton Garden Inn Cedar Rapids

    0.33 miles

  • Days Inn & Suites Cedar Rapids

    2.01 miles

  • Comfort Inn & Suites

    2.18 miles

  • Country Inn & Suites By Carlson, Cedar Rapids North

    2.27 miles

  • Residence Inn Cedar Rapids

    2.34 miles

  • Holiday Inn Express Cedar Rapids (Collins Road)

    2.93 miles

  • La Quinta Inn & Suites Cedar Rapids

    3.00 miles

  • Cedar Rapids Marriott

    3.05 miles

  • Homewood Suites by Hilton Cedar Rapids North

    3.09 miles

  • Hampton Inn & Suites Cedar Rapids - North

    3.16 miles

  • McDonald's

    0.59 miles

  • The Weather Vane

    0.59 miles

  • Panchero's Mexican Grill

    0.61 miles

  • Blimpie

    0.61 miles

  • Zeppelin's

    0.62 miles

  • La Cantina Bar N Grill

    0.66 miles

  • Paradise Bar & Grill

    0.67 miles

  • Olive's Oil

    0.68 miles

  • PepperJax Grill

    0.68 miles

  • The Donut Experiment

    0.69 miles

  • Xavier High School

    0.68 miles

  • Viola Gibson Elementary School

    0.69 miles

  • John F Kennedy High School

    1.62 miles

  • Hiawatha Elementary School

    1.76 miles

  • Pierce Elementary School

    1.84 miles

  • Nixon Elementary School

    2.44 miles

  • Isaac Newton Christian Academy

    2.61 miles

  • Saint Pius School

    2.69 miles

  • Wright Elementary School

    2.81 miles

  • Madison Elementary School

    2.97 miles

  • Hiawatha Day School

    1.24 miles

  • Mother Goose Day Care

    1.43 miles

  • Apple Kids Child Care

    2.90 miles

  • La Petite Academy

    2.90 miles

  • Saving Grace Childcare

    3.03 miles

  • Jungle Friends Child Care

    3.29 miles

  • Little Learners Christian Preschool

    4.07 miles

  • Play Station

    4.22 miles

  • Apple Kids

    5.62 miles

Frequently Asked Questions

How much does Wabtec Building cost?

The space currently listed for sale at Wabtec Building asks for $4,300,000.

What is the total square footage of Wabtec Building?

Wabtec Building totals 37,016 square feet.

When was this property built?

Wabtec Building was built in 1999.

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Contact Listing Broker

broker

Dave Drown, SIOR, CCIM

GLD Commercial