Brand-New Corner Retail
For Lease
$24 SF/Yr NNN
1029 S Riverside Dr, Iowa City, IA 52240
New corner space with plenty of free parking, built-to-suit for retail, restaurant, or office use.
Space SizeContact for details
Days on Market571
Property Features for 1029 S Riverside Dr
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
Commercial
Lease Type
NNN
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$32,796
Amenities
ConcreteSlabGrade
ZeroStepEntry
Irregular
1.0
CountyRoad
Building Details
Year Built
1952
Listing Agency:
RE/MAX Concepts - Cedar Falls
(319) 393-0900
Listed By:
Emmaleigh Buck
(319) 899-2536
Source:
Pinnaclerealtyia
Added: Mar 11, 2025
Changed: Sep 30
Last Checked: Oct 1 at 10:41AM
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 RE/MAX Concepts - Cedar Falls
Investment Insights
Based on property information with market context.
Brand new retail space in a multi-use configuration at the corner of one of the busiest intersections in Iowa City (Hwy 1W and Riverside Drive). The space includes ample free parking for patrons and visitors. Layout flexibility allows for build-out for retail, restaurant, or office uses, making it adaptable to a range of commercial concepts.
The property is positioned at a high-visibility, signalized intersection with easy access from the surrounding road network. Rent is quoted on a base rent plus NNN structure, with insurance, taxes, and CAMS also identified in the terms provided (Base rent: $24/SF NNN; Insurance: $0.83/SF + Taxes: $2.91/SF + CAMS: $0.68/SF).
The property is positioned at a high-visibility, signalized intersection with easy access from the surrounding road network. Rent is quoted on a base rent plus NNN structure, with insurance, taxes, and CAMS also identified in the terms provided (Base rent: $24/SF NNN; Insurance: $0.83/SF + Taxes: $2.91/SF + CAMS: $0.68/SF).
Key Highlights
- Corner space at Hwy 1W and Riverside Drive in Iowa City
- Free parking available on‑site for this multi‑use space
- Built‑to‑suit for retail, restaurant, or office use
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
205k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 27%
Office Supplies 5%
Home Improvements & Furnishings 5%
McDonald's
Dining
37,057 visits/mo
0.2 miles
Kum & Go
Shops & Services
26,219 visits/mo
0.2 miles
Starbucks
Dining
24,488 visits/mo
0.1 miles
Staples
Office Supplies
11,026 visits/mo
0.2 miles
Arby's
Dining
10,746 visits/mo
0.1 miles
Demographics for 52240, IA
34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value
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Market
Lease Benchmarks for Iowa City, IA
$24.86 /SF/Yr
Avg Asking Price
$10.72–$38.84 /SF/Yr
Price Range
3,425 SF
Avg Space Size
This space is priced 3% below the average of $24.86 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New corner space with plenty of free parking, built-to-suit for retail, restaurant, or office use.
Where is this retail space located?
The property is located at 1029 S Riverside Dr Iowa City, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Corner space at Hwy 1W and Riverside Drive in Iowa City; Free parking available on‑site for this multi‑use space; Built‑to‑suit for retail, restaurant, or office use
