Mixed-Use Shell Space for
For Lease
Contact for pricing
916 NE 16th Street, Cedar Rapids, IA 52402
Lease shell space in a mixed-use development designed to support office, retail, and service tenants alongside apartments.
Space SizeContact for details
Days on Market1538
Property Features for 916 NE 16th Street
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
T-MC
Lease Type
Net
Additional Details
Highway Access
Yes
Multifamily Units
186
Taxes and HOA fees
Annual Taxes
$3,637
Amenities
ConcreteSlabGrade
Irregular
5.37
CountyRoad
Building Details
Year Built
2022
Listing Agency:
GLD COMMERCIAL
(319) 540-2744
Listed By:
Jami Gordon
(319) 540-2744
Source:
Pinnaclerealtyia
Added: Jun 1, 2022
Changed: Aug 16
Last Checked: Aug 16 at 3:25AM
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 GLD COMMERCIAL
Investment Insights
Based on property information with market context.
The Hub is a mixed-use development offering shell space for lease. The available area is sized from a minimum of 2,842 square feet up to 5,685 square feet of contiguous space, giving tenants flexibility in how they size out the concept. The layout is delivered as a shell, allowing an office, retail, or service-based business to build to suit its operational needs within the development.
The property is positioned in the Mt. Mercy University and Coe College District, in a bustling neighborhood with restaurants, grocery stores, and other service-oriented tenants. The location provides convenient access to I-380, supporting everyday customer and employee travel.
As part of The Hub, the broader development will include 186 market-rate apartment units for rent, which can help establish steady, walk-in and neighborhood-facing demand for compatible commercial uses. For tenants seeking a flexible, buildable commercial footprint in a live-work environment, this shell space is a practical option within an active, amenity-rich district. Existing retail and service support nearby may complement a tenant’s program, while the ability to configure the interior makes the space suitable for a range of office, retail, or service concepts.
The property is positioned in the Mt. Mercy University and Coe College District, in a bustling neighborhood with restaurants, grocery stores, and other service-oriented tenants. The location provides convenient access to I-380, supporting everyday customer and employee travel.
As part of The Hub, the broader development will include 186 market-rate apartment units for rent, which can help establish steady, walk-in and neighborhood-facing demand for compatible commercial uses. For tenants seeking a flexible, buildable commercial footprint in a live-work environment, this shell space is a practical option within an active, amenity-rich district. Existing retail and service support nearby may complement a tenant’s program, while the ability to configure the interior makes the space suitable for a range of office, retail, or service concepts.
Key Highlights
- Lease shell space in mixed‑use development known as The Hub, in the Mt. Mercy University and Coe College District
- Shell space available for lease with 2,842 SF minimum and 5,685 SF maximum contiguous space
- Development built in 2022
Property Analytics
Property Profile
Current Use
Lease Details
186
Residential units
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Lease shell space in a mixed-use development designed to support office, retail, and service tenants alongside apartments.
Where is this mixed-use property located?
The property is located at 916 NE 16th Street Cedar Rapids, IA.
What are key features of this property?
This property features: Lease shell space in mixed‑use development known as The Hub, in the Mt. Mercy University and Coe College District; Shell space available for lease with 2,842 SF minimum and 5,685 SF maximum contiguous space; Development built in 2022
