Wabtec Building

For Sale

5250 N River Blvd NE, Cedar Rapids, IA 52411

This Cedar Rapids property for sale is located at 5250 N River Blvd NE. The general use of Wabtec Building is office and it incorporates 37,016 square feet of class B office space. The current listed sale price for Wabtec Building is $4,300,000. Wabtec Building is situated on a lot that is 3.82 acre in size.

Contacts

broker

Dave Drown, SIOR, CCIM

GLD Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 37,016 SF
  • Lot Size 3.82 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1999
  • Date Updated Nov 13, 2024
The property is located in a well located office park adjacent to Skyworks Solutions and near the newly built Hilton Garden Inn, easily accessed off Hwy 100.The property is a 37,016 square foot flex-office building situated on 3.82 acres in Cedar Rapids, IA and leased to Wabtec Corporation. Wabtec recently demonstrated its commitment to the property by extending the lease for another 5 years, currently expiring on June 30, 2029. The lease contains an annual rent escalation of 3.5% along with two (2) three (3) year extension options. The property was originally designed and constructed for RELCO Locomotives, a predecessor to Wabtec Corporation, in 1999. Wabtec Corporation is a global company that provides equipment, systems, and services for the transportation industry. Wabtec acquired RELCO Locomotives, a company that provides locomotive leasing, rebuilding, and repair services. Wabtec's acquisition of RELCO expanded their freight services capabilities and capacity.

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Highlights

  • 37,016 SF flex/office building
  • Leased to Wabtec Corporation

Attachments

Getting around

  • 6/100

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  • 20/100

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  • 24/100

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Location

  • City Cedar Rapids, IA
  • Zip Code 52411

Points of Interest

  • Hy-Vee Gas

    0.74 miles

  • Kwik Star

    0.78 miles

  • BP

    1.53 miles

  • Fas Fuel

    1.78 miles

  • Casey's General Store

    1.91 miles

  • KwikShop

    2.30 miles

  • Kwik Trip

    2.44 miles

  • Sierra Convenience

    2.77 miles

  • ChargePoint

    3.51 miles

  • Tesla Destination Charger

    4.72 miles

  • 27th Street Lot

    3.48 miles

  • Lower Andreas Lot

    3.57 miles

  • Upper Andreas Lot

    3.58 miles

  • Prairie Drive Lot

    3.61 miles

  • Lot 10

    4.01 miles

  • Lot 9

    4.04 miles

  • Lot 12

    4.04 miles

  • Five Seasons Parking Ramp

    4.10 miles

  • May's Island Ramp

    4.27 miles

  • Lot 3

    4.28 miles

  • Hilton Garden Inn Cedar Rapids

    0.33 miles

  • Days Inn & Suites Cedar Rapids

    2.01 miles

  • Comfort Inn & Suites

    2.18 miles

  • Country Inn & Suites By Carlson, Cedar Rapids North

    2.27 miles

  • Residence Inn Cedar Rapids

    2.34 miles

  • Holiday Inn Express Cedar Rapids (Collins Road)

    2.93 miles

  • La Quinta Inn & Suites Cedar Rapids

    3.00 miles

  • Cedar Rapids Marriott

    3.05 miles

  • Homewood Suites by Hilton Cedar Rapids North

    3.09 miles

  • Hampton Inn & Suites Cedar Rapids - North

    3.16 miles

  • Hy-Vee

    0.69 miles

  • Fareway

    1.30 miles

  • ALDI

    1.38 miles

  • Claire's

    1.54 miles

  • Walmart Supercenter

    1.56 miles

  • The City Center

    1.91 miles

  • Asian General Store

    2.30 miles

  • Our Himalayan Store

    2.31 miles

  • Ken's Magic Shop

    2.33 miles

  • New Pioneer Food Co-Op

    2.75 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Dave Drown, SIOR, CCIM

GLD Commercial