Presented by: GLD COMMERCIAL
Property Description
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 in 2025 with a 30-year warranty and new siding scheduled for completion in the spring of 2026. 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.
Interior Features
Bathrooms
Total Baths0
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
FlooringConcrete
Heating Y/NYes
Total Stories1
General
Building FeaturesOverhead Doors, Private Restrooms, Pole Sign, Single-Tenant
CityFairfax
Construction MaterialsFrame
CoolingCentral Air
CountyLinn
DirectionsHwy 151/Williams Blvd into Fairfax, turn South on 80th Street SW, property is on your left.
Electric220 Volts
HOAYes
HeatingCentral
Lease Considered Y/NNo
Legal Description80TH STREET CONDO UNIT 1
LevelsOne
Lot Size UnitsAcres
MLS AreaOT-W (West of I-380)
ModificationTimestamp2025-12-15T17:52:07.007-00:00
PossessionNegotiable
PostalCityFairfax
Property Sub Type AdditionalInvestment
Property SubtypeInvestment
Property TypeCommercial Sale
RoofAsphalt, Shingle
Security FeaturesSecurity Lights
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount$7,230
Unit Number1
UtilitiesElectricity Available, Natural Gas Available
Virtual TourClick here
Year Built2010
ZoningC-2
Zoning DescriptionC-2
Exterior
InclusionsBuilding
Lot Dimensions.69 Ac
Lot Size Acres0.69
Lot Size Area0 sqft
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
