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Retail Development Site
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1940 Blairs Ferry Road Lot 1B, Hiawatha, IA 52233

BTS leasing with tenant as-is delivery and possible tenant improvement allowance up to $10 PSF.

Space SizeContact for details
Days on Market3511

Property Features for 1940 Blairs Ferry Road Lot 1B

General Information

Standard status Active
Property subtype Com Lease
Zoning C-2
Lease Type Net

Amenities

No
Land
Public
3.6
3.6 Acres

Building Details

Year Built 2017
Listing Agency: Barkalow & Associates, Realtors
Listed By: Ali Rashid
Source: Pinnaclerealtyia
Added: Feb 1, 2017 Changed: Sep 12 Last Checked: Sep 13 at 6:23AM

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 Barkalow & Associates, Realtors

Investment Insights

Based on property information with market context.

For lease is an upscale retail development opportunity in Hiawatha, IA, available on a build-to-suit basis for qualifying tenants. Lease pricing is stated as $15.95–$18.95 per square foot on a triple-net basis, depending on tenant build-out. A tenant improvement allowance of up to $10.00 per square foot may be available, subject to design review and applicable covenants.

All lot and building sizes are preliminary and can be platted to accommodate the selected site design. The offering is for the premises in an “AS IS” condition, and the tenant is responsible for taking the space as delivered. Rent is also subject to annual increases.

The property is presented as part of the NE quadrant of Cedar Rapids, described as a rapidly expanding residential and commercial submarket with the highest average household income within the metro area, creating a targeted retail environment for compatible concepts.

Key Highlights

  • 3.6‑acre land parcel with public water service
  • 2017 construction year
  • BTS leasing available with tenant as‑is delivery

Property Analytics

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Current Use

UnityPoint Clinic - Express ... Medical Clinic Carly Roskop, NP Physician Rachel Blackford, ARNP Physician Mackenzie J. VanRees, ... Physician Tamara Meier, ARNP Physician

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply HVAC Service Restaurant Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52233, IA

7,091
Population
3,123
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
1,818
Density / Sq Mi
$66,497
Median Household Income
$44,111
Median Earnings
$846
Median Rent
$200,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping center - BTS leasing with tenant as-is delivery and possible tenant improvement allowance up to $10 PSF.
Where is this shopping center located?
The property is located at 1940 Blairs Ferry Road Lot 1B Hiawatha, IA.
What are key features of this property?
This property features: 3.6‑acre land parcel with public water service; 2017 construction year; BTS leasing available with tenant as‑is delivery
More about this property
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