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Retail or Office Space in Mixed-Use
For Lease
$17 SF/Yr

275 SW 1st Avenue, Cedar Rapids, IA 52404

For lease in a mixed-use master-planned development with new amenities designed to draw year-round visitors.

Space SizeContact for details
Days on Market706

Property Features for 275 SW 1st Avenue

General Information

Standard status Active
Property subtype Com Lease
Zoning U-DC
Lease Type Net

Taxes and HOA fees

Annual Taxes $12,754

Amenities

ConcreteSlabGrade
Elevator
Irregular
0.5
CountyRoad

Building Details

Year Built 2024
Listing Agency: Miehe Commercial Real Estate
Listed By: Sara Kruse
Source: Pinnaclerealtyia
Added: Sep 10, 2024 Changed: Aug 16 Last Checked: Aug 16 at 3:24AM

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 Miehe Commercial Real Estate

Investment Insights

Based on property information with market context.

This listing offers retail or office space within Kingston Yard, a mixed-use master-planned development. The project is described as featuring new and unique amenities intended to support multiple commercial uses. Base rates are subject to annual increases.

Located at 275 SW 1st Avenue in Cedar Rapids, IA 52404, Kingston Yard is positioned as a destination development for visitors throughout the year. The property’s overall concept is to create a mix of experiences that can serve tenants looking for exposure in a multi-use setting.

Suitable for tenants seeking either retail storefront presence or professional office occupancy, the available space can align with businesses that benefit from a shared, amenity-driven environment. With the lease structure reflecting annual increases to base rates, prospective tenants should review the pricing terms as part of their planning. If you are evaluating a location within Kingston Yard for retail, office, or other commercial programming, this property provides a single project framework supporting a diversified tenant mix.

Key Highlights

  • New construction built in 2024
  • Interior features include elevator
  • 0.5‑acre lot with irregular lot dimensions

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Barber Shop Locksmith (Bike/Boat/Book/etc) Store HVAC Service Big Box & Wholesale 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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,821
Businesses Nearby

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$17.75 /SF/Yr
Avg Asking Price
$10–$42 /SF/Yr
Price Range
31,109 SF
Avg Space Size

This space is priced 4% below the average of $17.75 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For lease in a mixed-use master-planned development with new amenities designed to draw year-round visitors.
Where is this retail space located?
The property is located at 275 SW 1st Avenue Cedar Rapids, IA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: New construction built in 2024; Interior features include elevator; 0.5‑acre lot with irregular lot dimensions
More about this property
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