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Retail Space at Lindale Crossing
For Lease
$21 SF/Yr

4840 1st Ave NE, Cedar Rapids, IA 52402

Retail space for lease in a high-traffic shopping center.

Space Size2,250 SF - 25,056 SF
Property Size43,581 SF
Days on Market207

Property Features for 4840 1st Ave NE

General Information

Standard status Active
Size 2,250 SF - 25,056 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 43,581 SF
Year Built 2000

Spaces For Lease

at 4840 1st Ave NE Contact us

4840 1st Ave NE

Size
25,056 SF
Type
Power Center
Term
Negotiable
Rate
Contact for pricing
Contact us

4854 1st Ave NE $21/SF/Yr

Size
2,250 SF
Type
Power Center
Term
60 months
Contact us
Listing Agency: IOWA REALTY COMMERCIAL
Listed By: Jeremy Tipton, CCIM · License #B59800000
Source: Naiglobal
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 21 at 4:28AM

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 IOWA REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

Retail space is available for lease at Lindale Crossing, a shopping center located at the northeast intersection of 1st Ave NE and Collins Rd NE. Signage is available along First Avenue, which benefits from a high-traffic intersection in Cedar Rapids, with 23,100 cars per day along First Avenue and 19,100 cars per day along Collins Road. The shopping center is anchored by Bed Bath & Beyond and Petsmart, and includes Starbucks, Bruegger’s Bagels, Orange Leaf Frozen Yogurt, H&R Block, Orangetheory Fitness, and Siebke-Hoyt Jewelers. The available space is the former Bed Bath & Beyond location at 4840 1st Avenue, and the former H&R Block location at 4854 1st Avenue (relocated to the left retail bay). Landlord will amortize Tenant Improvements for qualified tenants. The property size is 43581 square feet and the list price is $21.

Key Highlights

  • High‑traffic location at the intersection of First Avenue and Collins Road (23,100 & 19,100 cars per day respectively).
  • Anchored by Bed Bath & Beyond and Petsmart.
  • Signage opportunity along First Avenue.**

Property Analytics

Current Use

Harbor Freight Tools Building Supply Reclaimed Wood Cedar ... Hardware & Home Improvement

Suggested Use

Top Pick Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Catering Service

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,197
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$17.5 /SF/Yr
Avg Asking Price
$12–$21 /SF/Yr
Price Range
36,497 SF
Avg Space Size

This space is priced 20% above the average of $17.5 /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.

Similar Off Market Nearby

  • Proactiv Kiosk 4444 1st Ave NE, Cedar Rapids, IA 52402
  • Northland Square 367 Collins Rd NE, Cedar Rapids, IA 52402
  • Collins Road Square 1400 Twixt Town Rd, Marion, IA 52302
  • Lindale Mall 4444 1st Ave NE, Cedar Rapids, IA 52402
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space for lease in a high-traffic shopping center.
Where is this shopping center located?
The property is located at 4840 1st Ave NE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: High‑traffic location at the intersection of First Avenue and Collins Road (23,100 & 19,100 cars per day respectively).; Anchored by **Bed Bath & Beyond** and **Petsmart**.; Signage opportunity along First Avenue.**
More about this property
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