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New Retail Investment with Parking
For Sale
Contact for pricing
Pending

1275 Hwy 1 W, Iowa City, IA 52246

Newly completed in 2017, this retail property offers abundant parking and is currently vacant.

Property SizeContact for details
Days on Market116

Property Features for 1275 Hwy 1 W

General Information

Standard status Pending
Property subtype Retail
Listing Agency: WSG CRE
Listed By: Josh Seamans · License #IA B57696000
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 3 at 3:34AM

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 WSG CRE

Investment Insights

Based on property information with market context.

This retail investment property was newly constructed and completed in 2017. The building offers 3,867 SF of retail space and is currently vacant.

The property is located along busy Highway 1 in Iowa City, IA, with close proximity to the University of Iowa. Access is provided via a signalized intersection, and the site includes abundant parking.

The offering includes a seller leaseback of $10.00 PSF for 2 years, to be paid at closing.

Key Highlights

  • Retail investment property on busy Highway 1 in Iowa City, IA
  • New construction completed in 2017
  • 3,867 SF currently vacant

Property Analytics

Current Use

Enterprise Rent-a-Car Car Rental Facility Thriveworks Counseling & Therapy ... Counselor Tavo's Carpet & Flooring ... Big Box & Wholesale Store

Suggested Use

Top Pick Building Supply Dental Office Law Firm Restaurant Hair Salon 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.

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby
194k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 46% Dining 25% Groceries 15% Shops & Services 13%
Walmart Superstores
88,081 visits/mo 0.2 miles
Aldi Groceries
28,506 visits/mo 0.4 miles
Culver's Dining
26,507 visits/mo 0.4 miles
Panda Express Dining
15,198 visits/mo 0.1 miles
Iowa City #2 Shops & Services
14,239 visits/mo 0.3 miles

Demographics for 52246, IA

22,829
Population
10,627
Households
2.1
Avg Household Size
29
Median Age
67%
College-Educated
95%
High-School Grad
16.7 sq mi
ZIP Area
1,367
Density / Sq Mi
$55,088
Median Household Income
$28,598
Median Earnings
$1,049
Median Rent
$327,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Newly completed in 2017, this retail property offers abundant parking and is currently vacant.
Where is this retail space located?
The property is located at 1275 Hwy 1 W Iowa City, IA.
What are key features of this property?
This property features: Retail investment property on busy Highway 1 in Iowa City, IA; New construction completed in 2017; 3,867 SF currently vacant
(319) 343-5542 Call to check price and availability
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