Main-Floor Retail Suite with Parking
For Lease
Contact for pricing
4201 42nd St 115&120, Cedar Rapids, IA 52402
Flexible open-plan main-floor retail space offers direct parking-lot entry for convenient customer access.
Space SizeContact for details
Days on Market583
Property Features for 4201 42nd St 115&120
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
SMUCC
Lease Type
Net
Additional Details
Highway Access
Yes
Amenities
Concrete
Yes
2
No
Display Window(s)
Storage
Public
common
Off Street
Sprinkler/Irrigation
Building Details
Year Built
2015
Stories
2
Listing Agency:
Fischels Commercial Group
(319) 540-1281
Listed By:
Karrie Schultz
(319) 540-1281
Source:
Pinnaclerealtyia
Added: Jan 17, 2025
Changed: Aug 22
Last Checked: Aug 22 at 3:45AM
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 Fischels Commercial Group
Investment Insights
Based on property information with market context.
The available space is located on the main floor and includes a direct entrance off the parking lot. The interior is currently an open layout, allowing for straightforward configuration to support a variety of retail and service uses. The offering is structured as a 5-year lease.
The suite is situated in an upscale shopping center with multiple established tenants, including Berthel Fisher, Essence Salon, Nails on 42nd, Winestyles, and Massage Heights, along with a newer dental specialty office building that includes four specialty dental offices and two office suites. The center is positioned at a corner location along one of the city’s busiest intersections, in a growing affluent quadrant of Cedar Rapids. Access is available to Hwy 100 and I-380, and the property is described as being blocks from the Edgewood Rd bridge to the west side of Cedar Rapids.
With an open plan and parking-lot entry, the space can accommodate a range of tenant concepts that benefit from high visibility and convenient onsite access. Ample parking is available on all four sides of the anchor building, and a large three-sided monument sign on the corner is available for the tenant.
The suite is situated in an upscale shopping center with multiple established tenants, including Berthel Fisher, Essence Salon, Nails on 42nd, Winestyles, and Massage Heights, along with a newer dental specialty office building that includes four specialty dental offices and two office suites. The center is positioned at a corner location along one of the city’s busiest intersections, in a growing affluent quadrant of Cedar Rapids. Access is available to Hwy 100 and I-380, and the property is described as being blocks from the Edgewood Rd bridge to the west side of Cedar Rapids.
With an open plan and parking-lot entry, the space can accommodate a range of tenant concepts that benefit from high visibility and convenient onsite access. Ample parking is available on all four sides of the anchor building, and a large three-sided monument sign on the corner is available for the tenant.
Key Highlights
- Main‑floor retail space with an entrance directly off the parking lot for convenient customer access
- Open‑plan space currently configured as open space with unlimited possibilities for future configuration
- 5‑year lease with a $14.95 initial base rate that increases $1.00 per sq each year thereafter
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Under-served
Demand for This Use
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
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
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Frequently Asked Questions
What type of property is this?
Shopping center - Flexible open-plan main-floor retail space offers direct parking-lot entry for convenient customer access.
Where is this shopping center located?
The property is located at 4201 42nd St 115&120 Cedar Rapids, IA.
What are key features of this property?
This property features: Main‑floor retail space with an entrance directly off the parking lot for convenient customer access; Open‑plan space currently configured as open space with unlimited possibilities for future configuration; 5‑year lease with a $14.95 initial base rate that increases $1.00 per sq each year thereafter
