2600 EDGEWOOD RD SW Cedar Rapids IA 52404-7818

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.​

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• ​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

• Recently-Signed Long Term 10 Year Lease With “Best In Class” Operator With More Than 1,600 Stores And Operating History Since 1986
• Ease Of Management Nnn Lease/Fee Simple Interest
• Shadow Anchored By Jcpenney, Younkers, Burlington And Ross Dress For Less
• Prime Location On U.S. Hwy 151 At Intersection With 35,000 Cars Per Day
• True Pride Of Ownership/ High Quality 2017 Construction
• Immediately Surrounding Trade Area Featuring Super Walmart, Super Target, Kohls, Menards, And AMC Theatres
• Large Employment Base Within Cedar Rapids Featuring Rockwell Collins, Transamerica, HYVEE, St. Luke’S Hospital, CRST, Aegon, General Mills, AMANA, And Quaker Oats
• Ideally Situated Within The Path Of Growth For Cedar Rapids
• Minimal Pet Store Competition And Outstanding Demographics In Immediate Area