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Vacant Former Sears Retail Box
For Sale
Contact for pricing
Pending

4600 1st Ave NE, Cedar Rapids, IA 52402

Former Sears box within Lindale Mall’s east side, offering a large, fee-simple retail opportunity in Cedar Rapids.

Property Size146,278 SF
Days on Market140

Property Features for 4600 1st Ave NE

General Information

Standard status Pending
Size 146,278 SF
Property subtype Retail
Listing Agency: CBRE - Oak Brook
Listed By: Adam Foret · License #IL 475160621
Source: Crexi
Added: Apr 12 Changed: Aug 26 Last Checked: Aug 29 at 2:38AM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

CBRE’s National Retail Partners presents this vacant former Sears box for qualified investors, offered as a 100% fee simple interest. The property is a 146,278-square-foot retail box located within Lindale Mall.

The asset sits on the east side of a 713,000-square-foot regional shopping mall and is positioned in the middle of Cedar Rapids’ main retail corridor. The current configuration provides a redevelopment pathway for future investors, centered on the vacant box.

Key Highlights

  • Former Sears box with 146,278 SF available as a 100% fee simple interest
  • Located on the east side of Lindale Mall, a 713,000 SF regional shopping mall
  • Positioned in the middle of Cedar Rapids’ main retail corridor

Property Analytics

Current Use

Atm Atm Top Bad Credit ... Loan Service Army Reserve Military Recruiting Office Tejan Sunglasses (Bike/Boat/Book/etc) Store Tejan Purses (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Electrical Service Big Box & Wholesale Store Food Market Hotel & Motel Bakery

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

1,286
Businesses Nearby

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

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 - Former Sears box within Lindale Mall’s east side, offering a large, fee-simple retail opportunity in Cedar Rapids.
Where is this retail space located?
The property is located at 4600 1st Ave NE Cedar Rapids, IA.
What are key features of this property?
This property features: Former Sears box with 146,278 SF available as a 100% fee simple interest; Located on the east side of Lindale Mall, a 713,000 SF regional shopping mall; Positioned in the middle of Cedar Rapids’ main retail corridor
More about this property
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