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Four-Tenant Shopping Center
For Lease
$2,557,350

1030 Old Marion Road, Cedar Rapids, IA 52402

Fully leased retail center with food, salon, grocery, and restaurant occupancy.

Space SizeContact for details
Days on Market51

Property Features for 1030 Old Marion Road

General Information

Standard status Active
Property subtype Commercial
Zoning TRADITIO
Occupancy 100%

Building Details

Year Built 2003
Tenancy Multi
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Tiffany Earl Williams-WSG CRE
Source: Q4realestate
Added: Jul 10 Changed: Aug 28 Last Checked: Aug 28 at 8:44PM

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 SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

This multi-tenant shopping center at 1030 Old Marion Road in Cedar Rapids, Iowa, was built in 2003 and is fully leased. The tenant roster includes Mulligans, Inspirations Salon, Taste of India Grocery, and Taste of India restaurant, creating a mix of food, retail, and service uses within one property.

The center is situated in the northeast Cedar Rapids commercial corridor, with visibility and access to major thoroughfares. Surrounding residential density and consumer traffic support the property’s established commercial setting. Zoning is identified as TRADITIO.

Key Highlights

  • Fully leased multi‑tenant shopping center
  • Four tenants: Mulligans, Inspirations Salon, Taste of India Grocery, and Taste of India restaurant
  • Food, retail, grocery, salon, and restaurant uses represented

Property Analytics

Current Use

Noelridge Storage Storage Facility

Suggested Use

Top Pick HVAC Service Bakery Catering Service Acupuncture (Bike/Boat/Book/etc) Store Storage Facility

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

100%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby
Under-served
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

  • Park Town Square 3964 Center Point Rd NE, Cedar Rapids, IA 52402

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with food, salon, grocery, and restaurant occupancy.
Where is this shopping center located?
The property is located at 1030 Old Marion Road Cedar Rapids, IA.
What is the lease rate?
The lease rate is $2,557,350.
What are key features of this property?
This property features: Fully leased multi‑tenant shopping center; Four tenants: Mulligans, Inspirations Salon, Taste of India Grocery, and Taste of India restaurant; Food, retail, grocery, salon, and restaurant uses represented
More about this property
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