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Mixed-Use Shell Space
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916 16TH Street NE Unit 100, Cedar Rapids, IA 52402

Newly built commercial shell space supports office, retail, and service-oriented business uses.

Space SizeContact for details
Days on Market1621

Property Features for 916 16TH Street NE Unit 100

General Information

Standard status Active
Lease Term []

Space & Availability

Space Use Office
Condition Shell

Additional Details

Highway Access Yes

Building Details

Year Built 2022
Listing Agency: Q4 Real Estate,
Listed By: Craig Byers
Source: Cbhrealty
Added: Mar 23, 2022 Changed: Aug 28 Last Checked: Aug 29 at 10:52AM

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.

The Hub is a mixed-use development completed in 2022 with 5,685 square feet of commercial shell space in Unit 100. The unfinished configuration allows an incoming occupant to plan the interior around its business requirements, with office, retail, and service uses identified for the space.

The property is located at 916 16th Street NE in Cedar Rapids, within the Mt. Mercy University and Coe College district. Restaurants, grocery stores, and other service-oriented tenants are nearby, while I-380 provides convenient regional access. The larger development is planned to include 186 market-rate apartment units, adding a residential component to the commercial setting.

Key Highlights

  • 5,685 SF of commercial shell space in Unit 100
  • Mixed‑use development completed in 2022
  • Office, retail, and service‑based business uses identified for the space

Property Analytics

Current Use

Cedar Rapids Inc Industrial Manufacturer

Suggested Use

Top Pick HVAC Service Real Estate Agency Bakery Furniture & Home Goods Acupuncture Barber Shop

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

570
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

Lease Benchmarks for Cedar Rapids, IA

$17.39 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
45,086 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Newly built commercial shell space supports office, retail, and service-oriented business uses.
Where is this mixed-use property located?
The property is located at 916 16TH Street NE Unit 100 Cedar Rapids, IA.
What are key features of this property?
This property features: 5,685 SF of commercial shell space in Unit 100; Mixed‑use development completed in 2022; Office, retail, and service‑based business uses identified for the space
More about this property
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