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Anchored Retail Center Storefronts
For Lease
$7 SF/Yr NNN

3611 1st Ave SE, Cedar Rapids, IA 52402

Multiple retail storefront suites available with NNN and gross lease options in an anchored shopping center.

Space SizeContact for details
Days on Market766

Property Features for 3611 1st Ave SE

General Information

Standard status Active
Property subtype Com Lease
Zoning C2
Lease Type Net

Site & Location

Traffic Count 25,000 vehicles/day
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $162,084

Amenities

ConcreteSlabGrade
Irregular
7.0
CountyRoad,Paved

Building Details

Year Built 1956
Listing Agency: Ambrose & Associates, REALTORS
Listed By: Lisa Coots-Schooley
Source: Pinnaclerealtyia
Added: Jul 25, 2024 Changed: Aug 28 Last Checked: Aug 29 at 6:57AM

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 Ambrose & Associates, REALTORS

Investment Insights

Based on property information with market context.

Anchored shopping center offering a walkable design concept and multiple retail storefront suites with varied sizes and configurations. The center is anchored by Fareway and Dollar Tree, with leasing available in a range of suite sizes from 589 to 2,700 SF.

Located along heavily traveled 1st Avenue in Cedar Rapids, IA, with traffic counts exceeding 25,000 vehicles daily. Town & Country benefits from close proximity to the Collins Road/Highway 100 and 1st Avenue retail hub, downtown Cedar Rapids, I-380 on and off ramps, and Newbo District.

Lease options are available on both NNN and gross terms, and multiple suites can be made available—see the attached marketing flyer for details.

Key Highlights

  • Anchored shopping center featuring Fareway and Dollar Tree
  • Walkable retail center on heavily traveled 1st Avenue in Cedar Rapids, IA
  • Traffic counts exceed 25,000 vehicles daily on 1st Avenue

Property Analytics

Current Use

Vino's Ristorante Restaurant R G Books ... Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Auto Repair Shop Big Box & Wholesale Store HVAC Service Building Supply

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

557
Businesses Nearby
Balanced
Demand for This Use

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
Rey
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Similar Off Market Nearby

  • Town & Country Shopping Center 136 36th Street Drive Southeast, 3717 1st Ave NE and 3607, Cedar Rapids, IA 52403
  • Northland Square 367 Collins Rd NE, Cedar Rapids, IA 52402
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Frequently Asked Questions

What type of property is this?
Shopping center - Multiple retail storefront suites available with NNN and gross lease options in an anchored shopping center.
Where is this shopping center located?
The property is located at 3611 1st Ave SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: Anchored shopping center featuring Fareway and Dollar Tree; Walkable retail center on heavily traveled 1st Avenue in Cedar Rapids, IA; Traffic counts exceed 25,000 vehicles daily on 1st Avenue
More about this property
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