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1700 Naoma Dr SW
Cedar Rapids, IA 52404
Asking Price
$525K
Asset Type
Restaurant Special-purpose
Class
Class B
What's Special
Special Purpose | 4,575 SqFt <ul><li>Large Assembly Area with stage and seating for approximately 120 people</li><li>2006 addition of a Kitchen and Community Room with seating for approximately 80 people and service access</li><li>Lobby/Reception Area</li><li>Two Storage/Flex Rooms with exterior access</li><li>ADA-compliant Men's and Women's Restrooms, a Mother's Room, shower facility</li><li>Multiple entrances and a flexible interior layout</li><li>45 paved on-site parking spaces</li><li>Located in a private end-of
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NOI
$80,000
Cap Rate
15.24%
DSCR
2.57
Strong
Cash-on-Cash
31.00%
Monthly Payment
$2,597.414
Annual Cash Flow
$48,831.037