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Former GameStop Retail Storefront
For Lease
$20 SF/Yr

1011 Hwy 1 W, Iowa City, IA 52240

Open, flexible storefront space in a high-activity retail node with strong nearby national and QSR co-tenancy.

Space SizeContact for details
Days on Market174

Property Features for 1011 Hwy 1 W

General Information

Standard status Active
Property subtype Com Lease
Zoning CC2
Lease Type NNN

Taxes and HOA fees

Annual Taxes $8

Amenities

Carpet
245 X 190
CountyRoad,Highway

Building Details

Year Built 2011
Listing Agency: Fischels Commercial Group
Listed By: Ali Fortin
Source: Pinnaclerealtyia
Added: Mar 1 Changed: Aug 21 Last Checked: Aug 21 at 4:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fischels Commercial Group

Investment Insights

Based on property information with market context.

This former GameStop storefront offers approximately 2,037 square feet of retail space with an open, efficient layout designed to support a range of tenant uses. The space is well suited for straightforward merchandising and service formats, with flexible build-out potential to accommodate different concepts and operating styles.

The property is located at 1011 Hwy 1 W in Iowa City, IA 52240 within a dominant retail node. It sits adjacent to established retailers including Walmart, Dairy Queen, and Panda Express, and it benefits from ample parking and convenient access for customers and employees.

From a tenant-fit perspective, the available configuration and retail corridor placement make the space practical for users seeking immediate presence among well-known anchors. It may be a strong match for QSR, specialty retail, medical, or service operators looking for a storefront opportunity in a developed shopping center environment with existing customer traffic patterns supported by the surrounding mix.

Key Highlights

  • Former GameStop space with 2,037 SF open, efficient layout for flexible build‑out
  • Year built: 2011
  • Lot dimensions: 245 x 190

Property Analytics

Current Use

GameStop Arcade & Gaming Center

Suggested Use

Top Pick Building Supply Law Firm Restaurant Hair Salon Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby
197k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 45% Dining 25% Shops & Services 15% Groceries 14%
Walmart Superstores
88,081 visits/mo 0.1 miles
Aldi Groceries
28,506 visits/mo 0.3 miles
Culver's Dining
26,507 visits/mo 0.4 miles
Panda Express Dining
15,198 visits/mo 0.1 miles
Iowa City #2 Shops & Services
14,239 visits/mo 0.4 miles

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value

Market

Lease Benchmarks for Iowa City, IA

$23.51 /SF/Yr
Avg Asking Price
$15–$35.07 /SF/Yr
Price Range
4,065 SF
Avg Space Size

This space is priced 15% below the average of $23.51 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Open, flexible storefront space in a high-activity retail node with strong nearby national and QSR co-tenancy.
Where is this storefront property located?
The property is located at 1011 Hwy 1 W Iowa City, IA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Former GameStop space with 2,037 SF open, efficient layout for flexible build‑out; Year built: 2011; Lot dimensions: 245 x 190
More about this property
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