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  1. Commercial Properties
  2. IA
  3. Cedar Rapids

3950 River Ridge Dr NE

For Sale

3950 River Ridge Dr NE, Cedar Rapids, IA 52402

Located in the prestigious River Ridge Executive Park in Cedar Rapids, Iowa. Strategically positioned just off I-380 and Collins Road/Highway 100, this property offers excellent accessibility and visibility in a thriving business park setting. 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.A high-quality, fully leased office investment 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 nation's premier association representing the commercial integration industry. Both tenants are secured under triple net (NNN) lease structures, minimizing landlord responsibilities and providing stable, predictable income. The current offering provides investors with a 7.88% capitalization rate, making this an attractive opportunity for those seeking strong cash flow in a mature professional office corridor. With its strong tenant roster, low-maintenance lease structure, and prime location, 3950 River Ridge Dr NE is an exceptional addition to any commercial real estate investment portfolio.

Key features

  • 7.88% cap rate
  • Fully leased office investment opportunity
  • Priced well below replacement cost
  • Strong tenant roster

Building Details

  • For Sale $1,575,000
  • Property Type Office - General Office
  • Property Size 9,936 SF
  • Lot Size 1.06 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 41
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1989
  • Date Updated Sep 24, 2026
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Contacts

broker
Adam Gibbs, SIOR

GLD Commercial

Location

  • City Cedar Rapids, IA
  • Zip Code 52402
  • Map
  • Street
  • Walk score 29/100 Car-Dependent
  • Transit score 18/100 Minimal Transit
  • Bike score 27/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Hy-Vee Gas

1.06 miles

Kwik Star

1.12 miles

Fas Fuel

1.53 miles

Kwik Trip

1.73 miles

BP

1.79 miles

Sierra Convenience

1.90 miles

KwikShop

1.95 miles

Casey's General Store

1.99 miles

Kwik Shop

2.06 miles

ChargePoint

2.69 miles

27th Street Lot

2.58 miles

Lower Andreas Lot

2.64 miles

Upper Andreas Lot

2.65 miles

Prairie Drive Lot

2.70 miles

Lot 10

3.06 miles

Lot 9

3.08 miles

Lot 12

3.09 miles

Five Seasons Parking Ramp

3.14 miles

May's Island Ramp

3.32 miles

CRST Parking Garage

3.34 miles

Mister Car Wash

1.06 miles

Five Seasons Detail

1.10 miles

Hertz

1.58 miles

Big Z's Car Wash

1.67 miles

Enterprise

1.84 miles

Budget

2.27 miles

Johnny Boy's

3.22 miles

Sparkling Image Car Wash

3.33 miles

Blue Lagoon Car Wash and Storage

3.50 miles

Tommy's Express Car Wash

3.51 miles

Vito's on 42nd

0.16 miles

McDonald's

0.83 miles

Saucy Focaccia

0.83 miles

Jimmy John's

0.83 miles

Paradise Bar & Grill

0.86 miles

The Weather Vane

0.86 miles

Olive's Oil

0.88 miles

PepperJax Grill

0.89 miles

Panchero's Mexican Grill

0.92 miles

The Donut Experiment

0.92 miles

Hy-Vee

0.74 miles

ALDI

1.21 miles

Claire's

1.27 miles

Walmart Supercenter

1.27 miles

Our Himalayan Store

1.64 miles

Asian General Store

1.75 miles

New Pioneer Food Co-Op

1.89 miles

Fareway

1.91 miles

Ken's Magic Shop

1.98 miles

The City Center

2.03 miles

Eastern Iowa Health Center

0.11 miles

Cedar Rapids Fire Department Station 4

0.39 miles

Hy-Vee Pharmacy

0.76 miles

UnityPoint Urgent Care Express

1.12 miles

Mercy Care Blairs Ferry

1.13 miles

Saint Lukes Northridge Family Medicine

1.23 miles

Hiawatha Fire and Rescue

1.59 miles

Clark's Pharmacy & Gifts

1.66 miles

CVS Pharmacy

1.79 miles

Mercy Care North

2.34 miles

Listing Summary

  • Property Financials

    3950 River Ridge Dr NE is currently listed for sale at $1,575,000 for a price per square foot of $158.51.

  • Property Details

    3950 River Ridge Dr NE totals 9,936 square feet of Office space on a lot spanning 1.06 acres.

    The property was initially built in 1989. Based on its location, amenities, and finishes, the property is listed as class B.

    Tenancy at 3950 River Ridge Dr NE is listed as Multi-Tenant. There are a total of 41 parking spaces available onsite.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 29, indicating that it is car-dependent.

Contact Adam Gibbs, SIOR
broker
Adam Gibbs, SIOR

GLD Commercial

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