Contacts
WSG CRE
WSG CRE
WSG CRE
Property Details
- Property Type Office - General Office
- Property Size 9,045 SF
- Lot Size 0.63 Acre
- Cap Rate % 7.5
- Zoning Commercial
- Building Class B
- Date Updated Nov 6, 2026
Outstanding investment opportunity at 1065-1067 N Center Point Road, Hiawatha, IA. This 9,045 SF multi-tenant building is 100% occupied by high-quality tenants on NNN leases with annual rent escalations, delivering secure, predictable cash flow with NOI of $112,476 — a 7.5% cap rate at the offering price of $1,495,000. The modern, masonry building has been fully remodeled in recent years and is very well maintained. It offers great access to I-380, ideally positioned near the intersection of North Center Point Road and Boyson Road. This asset combines strong tenancy, prime location, and long-term stability — an excellent addition to any investment portfolio.
Reach out to the broker for more info on lease terms and amenities
Getting around
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29/100
Walk Score ®
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46/100
Bike Score ®
Location
- City Hiawatha, IA
- Zip Code 52233
Points of Interest
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Casey's General Store
0.25 miles
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BP
0.47 miles
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Fas Fuel
1.08 miles
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Kwik Star
1.24 miles
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Hy-Vee Gas
1.29 miles
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KwikShop
1.31 miles
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Guppy's On the Go
2.05 miles
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Kwik Trip
2.18 miles
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ChargePoint
2.57 miles
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Tesla Destination Charger
3.61 miles
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Cedar Valley Nature Trail Parking
3.17 miles
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27th Street Lot
3.50 miles
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Prairie Drive Lot
3.61 miles
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Lower Andreas Lot
3.67 miles
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Upper Andreas Lot
3.67 miles
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Overflow Parking
4.07 miles
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Lot 10
4.81 miles
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Five Seasons Parking Ramp
4.84 miles
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Lot 9
4.84 miles
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Lot 12
4.87 miles
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Days Inn & Suites Cedar Rapids
1.20 miles
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Comfort Inn & Suites
1.74 miles
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Residence Inn Cedar Rapids
1.77 miles
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Hilton Garden Inn Cedar Rapids
1.82 miles
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Country Inn & Suites By Carlson, Cedar Rapids North
1.90 miles
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La Quinta Inn & Suites Cedar Rapids
2.04 miles
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Holiday Inn Express Cedar Rapids (Collins Road)
2.06 miles
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Homewood Suites by Hilton Cedar Rapids North
2.11 miles
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Cedar Rapids Marriott
2.14 miles
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Hampton Inn & Suites Cedar Rapids - North
2.17 miles
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The City Center
0.33 miles
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Fareway
0.89 miles
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ALDI
1.12 miles
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Claire's
1.19 miles
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Walmart Supercenter
1.21 miles
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Ken's Magic Shop
1.33 miles
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Hy-Vee
1.55 miles
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Asian General Store
1.77 miles
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Target
1.93 miles
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Our Himalayan Store
2.00 miles