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Corner Retail Space with Parking
For Lease
$24 SF/Yr CAM $0.68 /USD/SF/YR

1029 S Riverside Drive Unit 350, Iowa City, IA 52240

Flexible commercial space supports retail, restaurant, or office buildout with free on-site parking.

Space SizeContact for details
Days on Market127

Property Features for 1029 S Riverside Drive Unit 350

General Information

Standard status Active
Lease Type NNN
Lease Term []

Lease Terms

Lease Rate $24 /USD/SF/YR
Rent per SF/Year $24
CAM $0.68 /USD/SF/YR

Additional Details

Corner Location Yes

Amenities

free parking

Building Details

Year Built 1952
Listing Agency: Lepic-Kroeger,REALTORS
Listed By: Ryan O'Leary
Source: Cbhrealty
Added: Apr 30 Changed: Sep 2 Last Checked: Sep 2 at 8:00PM

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 Lepic-Kroeger,REALTORS

Investment Insights

Based on property information with market context.

Unit 350 at 1029 S Riverside Drive offers commercial space suitable for retail, restaurant, or office use. The interior can be configured around the incoming occupant’s operating concept, providing flexibility for multiple business formats.

The property occupies a corner at the intersection of Hwy 1W and Riverside Drive in Iowa City. Free parking is available within the multi-use property. The space is offered under an NNN lease structure.

Key Highlights

  • Unit 350 at 1029 S Riverside Drive, Iowa City, IA 52240
  • Corner location at Hwy 1W and Riverside Drive
  • Buildout flexibility for retail, restaurant, or office use

Property Analytics

Current Use

T-Mobile Mobile Phone Store Hertz - Uber Iowa ... Car Rental Facility Thrifty Car Rental ... Car Rental Facility Walgreens Community Pharmacy Medical Clinic Hertz Car Rental ... Car Rental Facility

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility HVAC Service Building Supply Garden Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,145
Businesses Nearby
205k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 27% Office Supplies 5% Home Improvements & Furnishings 5%
McDonald's Dining
37,057 visits/mo 0.2 miles
Kum & Go Shops & Services
26,219 visits/mo 0.2 miles
Starbucks Dining
24,488 visits/mo 0.1 miles
Staples Office Supplies
11,026 visits/mo 0.2 miles
Arby's Dining
10,746 visits/mo 0.1 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

$26.29 /SF/Yr
Avg Asking Price
$10.72–$46.67 /SF/Yr
Price Range
5,851 SF
Avg Space Size

This space is priced 9% below the average of $26.29 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space supports retail, restaurant, or office buildout with free on-site parking.
Where is this retail space located?
The property is located at 1029 S Riverside Drive Unit 350 Iowa City, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Unit 350 at 1029 S Riverside Drive, Iowa City, IA 52240; Corner location at Hwy 1W and Riverside Drive; Buildout flexibility for retail, restaurant, or office use
More about this property
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