| Well-Below-Market Rent Basis: In-place rent of ~$11 PSF runs well under the the typical rent paid by Caliber, favoring long-term renewal and re-tenant |
| Recent Capital Improvements: The tenant invested nearly $800,000 into the building when they took over operations; current ownership also installed |
| High Barrier of Entry Market: Zoning restrictions continue to make it more difficult for Collision users and similar auto sectors to enter the market. |
| Fast-Growing, High-Income Trade Area: 122,000+ residents average household income over $100K within 3 miles one of Iowa's fastest-growing communities |
| Anchored by Major Aerospace Employer: On the Blairs Ferry Rd corridor serving Collins Aerospace (RTX), Cedar Rapids' largest employer. |
| Blairs Ferry Rd frontage (20,700+ VPD) within a dense retail node anchored by Target, Menards, Fleet Farm, and Michaels. |
Brian Brockman
Bang Realty, Inc
