Grocery-Anchored Retail Center
For Lease
Contact for pricing
3611 1st Avenue SE 23&24, Cedar Rapids, IA 52401
Leasing options within a grocery-and-value retail center on a heavily traveled corridor.
Space SizeContact for details
Days on Market753
Property Features for 3611 1st Avenue SE 23&24
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
S-MC
Lease Type
Gross
Amenities
Concrete
Yes
1
No
Display Window(s)
Public
7
304920
Off Street
Building Details
Year Built
1956
Stories
1
Listing Agency:
Miehe Commercial Real Estate
(319) 576-8327
Listed By:
Juliana Corona
(319) 576-8327
Source:
Pinnaclerealtyia
Added: Jul 25, 2024
Changed: Aug 16
Last Checked: Aug 16 at 3:36AM
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 retail shopping center features a walkable design concept and is anchored by Fareway Grocery and Dollar Tree. Multiple lease sizes and configurations are available, including Suites 23 and 24. Suite 23 is offered at $1,200 gross per month plus utilities, and Suite 24 is offered at $500 gross per month plus utilities.
The center is located on heavily traveled 1st Avenue in southeast Cedar Rapids, with convenient access to nearby retail and employment destinations. Town & Country also benefits from proximity to the Collins Road/1st Avenue retail hub, downtown Cedar Rapids, New Bohemia (NewBo) Main Street District, and the I-380 north and south ramps.
These available suites make for practical space for retailers and service users seeking a tenant mix that includes a grocery anchor and a discount value anchor. With multiple configurations available, the center can accommodate a range of operational needs while providing straightforward leasing terms structured as gross rent plus utilities for the listed suites.
The center is located on heavily traveled 1st Avenue in southeast Cedar Rapids, with convenient access to nearby retail and employment destinations. Town & Country also benefits from proximity to the Collins Road/1st Avenue retail hub, downtown Cedar Rapids, New Bohemia (NewBo) Main Street District, and the I-380 north and south ramps.
These available suites make for practical space for retailers and service users seeking a tenant mix that includes a grocery anchor and a discount value anchor. With multiple configurations available, the center can accommodate a range of operational needs while providing straightforward leasing terms structured as gross rent plus utilities for the listed suites.
Key Highlights
- 1‑story retail space in a grocery‑and‑value retail center on heavily traveled 1st Avenue in southeast Cedar Rapids
- Leasing: Suite 23 is $1,200 gross per month plus utilities; Suite 24 is $500 gross per month plus utilities
- Public remarks indicate multiple suite sizes and configurations are available for lease
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,914
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52401, IA
2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Plaza — Tom Aller Way, Cedar Rapids, IA 52401
Frequently Asked Questions
What type of property is this?
Shopping center - Leasing options within a grocery-and-value retail center on a heavily traveled corridor.
Where is this shopping center located?
The property is located at 3611 1st Avenue SE 23&24 Cedar Rapids, IA.
What are key features of this property?
This property features: 1‑story retail space in a grocery‑and‑value retail center on heavily traveled 1st Avenue in southeast Cedar Rapids; Leasing: Suite 23 is $1,200 gross per month plus utilities; Suite 24 is $500 gross per month plus utilities; Public remarks indicate multiple suite sizes and configurations are available for lease
