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Anchored Walkable Retail Strip Center
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9-3611 1st Ave Se, Cedar Rapids, IA 52401

Retail suites available in a Fareway and Dollar Tree-anchored center on heavily traveled 1st Avenue SE.

Space SizeContact for details
Days on Market1496

Property Features for 9-3611 1st Ave Se

General Information

Standard status Active

Site & Location

Traffic Count 25,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: Q4 Real Estate
Listed By: Craig Byers · License #S61123000
Source: Exprealty
Added: Aug 10, 2022 Changed: Sep 4 Last Checked: Sep 12 at 11:21AM

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 Q4 Real Estate

Investment Insights

Based on property information with market context.

This anchored shopping center offers a walkable design concept and multiple retail sizes and configurations available for lease. The center includes Fareway and Dollar Tree as key anchors and is positioned to support daily convenience retail traffic. Planned exterior building and parking lot improvements are also underway.

The property is located on 1st Avenue SE in Cedar Rapids, IA, in a high-visibility setting with traffic counts exceeding 25,000 vehicles per day. The shopping center benefits from direct access to a major retail hub along 1st Avenue and Collins Road/Hwy 100, with convenient connectivity to downtown Cedar Rapids, New Bohemia (Newbo) Main Street District, and I-380 north and south on and off ramps.

Suites can be tailored to different tenant needs within the center’s existing retail arrangement, making it suitable for retailers seeking space inside a dominant grocery-and-value anchor environment.

Key Highlights

  • Retail suites available in a Fareway and Dollar Tree‑anchored shopping center on heavily traveled 1st Avenue SE in Cedar Rapids, IA
  • Traffic counts exceed 25,000 vehicles per day on 1st Avenue
  • Multiple suite sizes and configurations available for lease

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Barber Shop Locksmith

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

25,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,039
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52401, IA

2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$14.5 /SF/Yr
Avg Asking Price
$7–$21 /SF/Yr
Price Range
38,599 SF
Avg Space Size

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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Similar Off Market Nearby

  • NewBo City Market NewBo City Market, 1100 3rd St SE, Cedar Rapids, IA 52401
  • Plaza Tom Aller Way, Cedar Rapids, IA 52401
  • Tenth Street Plaza 402 10th St SE STE 600, Cedar Rapids, IA 52403

Frequently Asked Questions

What type of property is this?
Shopping center - Retail suites available in a Fareway and Dollar Tree-anchored center on heavily traveled 1st Avenue SE.
Where is this shopping center located?
The property is located at 9-3611 1st Ave Se Cedar Rapids, IA.
What are key features of this property?
This property features: Retail suites available in a Fareway and Dollar Tree‑anchored shopping center on heavily traveled 1st Avenue SE in Cedar Rapids, IA; Traffic counts exceed 25,000 vehicles per day on 1st Avenue; Multiple suite sizes and configurations available for lease
More about this property
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