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Dyer Ave Retail Center

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INVESTMENT OFFERING

SAB Capital is pleased to present Dyer Ave Retail Center in Marion, IA, located within the Cedar Rapids MSA. This 100% occupied retail center features a variety of service-oriented tenants, all signed to triple-net (NNN) leases. The property boasts strong location fundaments being located across the street from a high performing Walmart that sees 2.6M visitors per year and benefits form a signalized intersection that sees over 33,200 vehicles per day.

  • Dyer Ave Retail Center in Marion, IA | Cedar Rapids MSA
  • 100% Leased Retail/Office Strip Center | Strong Mix of Service Oriented Tenants
  • Minimal Landlord Responsibilities | All Tenants Reimburse for NNN Expenses
  • Proven Long-Term Tenants| Schween Chiropractic & Growthland Have Occupied the Site Since 2011 and 2014, Respectively
  • Recent Lease Extensions | Schween Chiropractic, Meeks Construction, and Growthland all Recently Extended their Leases, Demonstrating their Commitment to the Site
  • Shadow-Anchored by a High-Performing Walmart Supercenter
    • Top 79th Percentile of Walmarts in Iowa
    • Over 2.6 Million Annual Visitors
  • Excellent Visibility & Access | 14,600+ Vehicles Per Day
  • Proximity to National Retailers | Hy-Vee Grocery Store, ALDI, McDonald’s, Murphy USA, Dollar General, Culver’s, AutoZone, Jersey Mike’s, CVS, etc.

Tenant Price Cap Rate Lease Type Square Feet Status
Dyer Ave Retail Center $1,153,760 7.50% NNN 8,000 Available

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