Listed by Skogman Commercial Group Cedar Rapids
$2,659,000
3165 & 3205 Williams Blvd SW, Cedar Rapids
Details
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 17,528
Net Rentable (SqFt) 7,500
Cap Rate 6.8%
NOI $180,725
Lease Type Net
Lease Expiration 07/01/2029
Remaining Term 3.1
Price per SqFt $152
Year Built 2016 & 2007
Buildings 2
Stories 1
Lot Size (SqFt) 74,924
Zoning SMUCC
Investment Type Owner/User
Occupancy Date 12/12/2025
Office | 6.80% CAP | 17,528 SqFt
Marketing description
U.S. Government Net-Leased Investment property. 3165 Williams Blvd is an occupied 10,028 SF office building with government leases until July 2029 and September 2029. 3205 Williams Blvd is a 7,500 SF office building that is leased to the IRS until November of 2026. Both buildings are low maintenance brick facade with concrete parking lots. Lumens, Mediacom, and ImOn are available in the vicinity.
Listing Contacts
Listed by Skogman Commercial Group Cedar Rapids
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$180,725.00
$15,060.42/mo
Valuation Metrics
0
DSCR
6.8%
Cap Rate
6.8%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
