- For Sale $450,000
- Property Type Office - Medical Office
- Property Size 3,055 SF
- Lot Size 0.69 Acre
- Building Class B
- Year Built 2010
- Date Updated May 14, 2026
Description
Conveniently located in Fairfax—an established bedroom community near Cedar Rapids—just an 8-minute drive to I-380 for quick access to the metro area. Cedar Rapids has an approximate population of 276,000 residents with a median age of 37.Sale-leaseback opportunity with a well-established veterinary clinic tenant. The owner will sign a 3-year lease at $13.95/SF NNN and cover the HOA fees and property taxes. Recent updates include a new roof installed in 2025 with a 30-year warranty and new siding scheduled for completion in the spring of 2026. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal.
Highlights
- Creditworthy Tenant
- Stress-Free ownership with minimal involvement
- Unusual sale leaseback opportunity under $500,000
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Contacts
Angie Glick-Martin, SIOR
GLD Commercial
Location
Contact Listing Broker
Angie Glick-Martin, SIOR
GLD Commercial
