3950 River Ridge Dr NE
3950 River Ridge Dr NE, Cedar Rapids, IA 52402
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
Reach out to the broker for more info on lease terms and amenities
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Contacts
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Location
- City Cedar Rapids, IA
- Zip Code 52402
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Walk score 29/100 Car-Dependent
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Transit score 18/100 Minimal Transit
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Bike score 27/100 Somewhat Bikeable
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
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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.
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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.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 29, indicating that it is car-dependent.
GLD Commercial