Kohan Retail Investment Group Acquires Retail Property In Cedar Rapids, IA For $28.5M

The retail property located at 4444 1st Avenue Northeast in Cedar Rapids, IA, has been sold. The transaction took place on 05/21/2023, with a sale price of $28,500,000. The property spans approximately 732,666 square feet, resulting in a price per square foot of $39.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $28,500,000
• Square Footage: 732,666
• Price per Square Foot: $39
• Market: Cedar Rapids, IA

The buyer in this transaction is Kohan Retail Investment Group, a reputable investment group specializing in retail properties.