Listed by ParaSell Inc, Sands Investment Group Austin - Offenbecher, Sands Investment Group Los Angeles, Sands Investment Group Austin
Unpriced
Westdale Town Center (2026) - Cedar Rapids, IA
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 334,473
Occupancy 90.57%
Tenancy Multi
Brand/Tenant Chipotle, Burlington Coat Factory
Lease Type Net
Acreage 25.800
Investment Type Net Lease
Ground Lease No
334,473 SF Retail Center | National Anchor Tenants | High Growth Area - Cedar Rapids, IA
Marketing description
We are pleased to exclusively offer for sale the Westdale Town Center located at 2600 Edgewood
Rd SW in Cedar Rapids, IA. Westdale Town Center offers investors a rare opportunity to acquire an
open-air center with national brand tenants in one of the dominant retail hubs in Cedar Rapids.
The center totals 334,473 square feet of leasable area and is anchored by a powerful tenant
lineup, including Burlington, PetSmart, Ross, Ulta, Five Below, Michaels, Chipotle and JCPenney.
Investment highlights
- Dominant Regional Retail Destination: The 334,473 SF shopping center serves as the dominant retail hub in southwest Cedar Rapids, drawing consumers from across the metro and positioning the asset as a primary shopping destination.
- Poised for Growth: The City of Cedar Rapids has identified the Westdale Corridor as a significant opportunity for public and private investment. Thousands of homes are planned in the area just west of Westdale Town Center over the next decade.
- Strong Credit Tenant Mix: 55% of the Tenants are publicly traded companies reporting multi-billion dollar revenues.
- National Anchor Tenant Lineup: The property is anchored by a strong mix of national retailers, including Burlington, PetSmart, Ross, Ulta, Five Below, Michaels, and JCPenney, which collectively drive consistent consumer traffic.
- Significant Public Investment in Southwest Cedar Rapids: A $37 million wellness center, $24 million public library, and $10 million municipal annex are currently under construction in the immediate trade area.
- Billion-Dollar Technology Investment: Cedar Rapids has secured over $10 billion in combined Google and QTS data center investments, located at Big Cedar Industrial Cente 3.5 miles away. This positions the city as an emerging Midwest technology hub driving long-term job creation.
- Major Job Creation Pipeline: The multi-phase data center campus is projected to create over 2,000 construction and permanent jobs, increasing daytime population and retail demand across the region.
- Consistent Long-Term Population Growth: Cedar Rapids’ population has increased approximately 11.9% since 2000, demonstrating steady long-term demand
Listing Contacts
Listed by ParaSell Inc, Sands Investment Group Austin - Offenbecher, Sands Investment Group Los Angeles, Sands Investment Group Austin
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Zoning
S-MR MixedMixed UseSuburban Mixed Use Regional Center
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View all 96 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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