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Built-Out Retail Space
For Lease
$18 SF/Yr

4651 SE 1st Avenue Unit Suite 4, Cedar Rapids, IA 50402

Established shopping-center setting with neighboring national and regional retailers, restaurants, entertainment, and home-improvement uses.

Space SizeContact for details
Property Size700,000 SF
Days on Market1406

Property Features for 4651 SE 1st Avenue Unit Suite 4

General Information

Standard status Active
Size 700,000 SF
Lease Term []

Site & Location

Anchor Co-Tenants Dick's Sporting Goods, ULTA, Home Depot, Granite City, AT&T, Pancheros, Cold Stone Creamery, Spare Time, Red Robin
Highway Access Yes

Additional Details

Space Use Retail

Building Details

Year Built 2009
Building Size 700,000 SF
Tenancy Multi
Listing Agency: Q4 Real Estate
Listed By: Craig Byers
Source: Cbhrealty
Added: Oct 24, 2022 Changed: Aug 28 Last Checked: Aug 29 at 10:19AM

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.

Suite 4 at 4651 SE 1st Avenue is a fully built-out retail space within Marketplace on First, an outdoor shopping center completed in 2009. The property is positioned at the intersection of 1st Ave SE and Collins Road/Highway 100 in Cedar Rapids, Iowa, and offers a ready retail setting for a new occupant.

The center encompasses 700,000 square feet and sits adjacent to Lindale Mall. Existing businesses include Dick’s Sporting Goods, ULTA, Home Depot, Granite City, AT&T, Pancheros, Cold Stone Creamery, Spare Time, and Red Robin. Negotiable tenant improvement allowances are available to support alignment with the incoming retailer’s brand and plans.

Key Highlights

  • 700,000‑square‑foot outdoor shopping center
  • Fully built‑out retail space in Suite 4
  • Located at 1st Ave SE and Collins Road/Highway 100

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency HVAC Service Skin Care Clinic Pharmacy

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Market

Lease Benchmarks for Cedar Rapids, IA

$17.59 /SF/Yr
Avg Asking Price
$10–$33 /SF/Yr
Price Range
34,197 SF
Avg Space Size

This space is priced 2% above the average of $17.59 /SF/Yr.

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?
Retail space - Established shopping-center setting with neighboring national and regional retailers, restaurants, entertainment, and home-improvement uses.
Where is this retail space located?
The property is located at 4651 SE 1st Avenue Unit Suite 4 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 700,000‑square‑foot outdoor shopping center; Fully built‑out retail space in Suite 4; Located at 1st Ave SE and Collins Road/Highway 100
More about this property
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