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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 this year with a 30-year warranty and new siding scheduled for completion by the end of November 2025. The property is part of a commercial condominium association, with HOA fees covering insurance, trash, lawn care, and snow removal. 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. Contact listing agents for further details.
| DAYS ON MARKET | 26 | LAST UPDATED | 11/12/2025 |
|---|---|---|---|
| YEAR BUILT | 2010 | COMMUNITY | OutOfArea |
| COUNTY | Linn | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Geothermal |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | OutOfArea |
| CONSTRUCTION | Frame |
| HEAT | Geothermal |
| LOT | 0.69 acre(s) |
| TAXES | 7230 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Angie Glick, GLD Commercial Real Estate Advisors
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