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Divisible Retail Space
New
For Lease
$13-$15 SF/Yr

1059 Highway 6 Unit E, Iowa City, IA 52240

The space can be leased as a single premises or configured into smaller units, with support areas and parking nearby.

Space Size8,000 SF
Days on Market5

Property Features for 1059 Highway 6 Unit E

General Information

Standard status Active
Size 8,000 SF
Lease Type Gross
Lease Term []

Space & Availability

Contiguous Space 8,000 SF
Divisible Yes
Space Use Office

Additional Details

Rent per SF/Year $13-$15

Amenities

private entrance
front lobby
office area
bathrooms
changing rooms
laundry
storage
large adjacent parking lot

Building Details

Year Built 1986
Listing Agency: Skogman Realty Co.
Listed By: Mark Lynch · License #S60565000
Source: Cbhrealty
Added: Oct 11 Changed: Oct 15 Last Checked: Oct 15 at 2:00AM

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 Skogman Realty Co.

Investment Insights

Based on property information with market context.

This retail property at 1059 Highway 6, Unit E, offers more than 8,000 square feet of leasable space. The premises can be occupied together or separated into smaller spaces. Interior features include a private entrance, lobby, office, bathrooms, changing rooms, laundry area, and storage. A large parking lot is adjacent to the building. The property was built in 1986.

Nearby businesses include JD Beauty Supply, DEFY Iowa City, Zoetic Coffee, and Iowa City African & Oriental Market.

Key Highlights

  • More than 8,000 SF available as one space or divided into smaller units
  • Interior includes lobby, office, bathrooms, changing rooms, laundry, and storage
  • Private entrance and large adjacent parking lot

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pharmacy HVAC Service Travel Agency Grocery & Convenience 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Dining 25% Home Improvements & Furnishings 18%
Kwik Trip Shops & Services
25,518 visits/mo 0.3 miles
Taco Bell Dining
16,057 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
9,357 visits/mo 0.4 miles
Iowa City #3 Shops & Services
8,957 visits/mo 0.1 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
2,263 visits/mo 0.2 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

$21.72 /SF/Yr
Avg Asking Price
$8–$38.84 /SF/Yr
Price Range
2,784 SF
Avg Space Size

This space is priced 36% below the average of $21.72 /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
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Frequently Asked Questions

What type of property is this?
Retail space - The space can be leased as a single premises or configured into smaller units, with support areas and parking nearby.
Where is this retail space located?
The property is located at 1059 Highway 6 Unit E Iowa City, IA.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: More than 8,000 SF available as one space or divided into smaller units; Interior includes lobby, office, bathrooms, changing rooms, laundry, and storage; Private entrance and large adjacent parking lot
More about this property
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