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First-Floor Mixed-Use Property
For Lease
$15 SF/Yr

275 SW 1st Avenue, Cedar Rapids, IA 52404

Commercial space in a 2024 development with U-DC zoning.

Space Size3,500 SF
Days on Market720

Property Features for 275 SW 1st Avenue

General Information

Standard status Active
Size 3,500 SF
Net Rentable 3,500 SF
Property subtype Com Lease
Zoning U-DC
Lease Type Net

Space & Availability

Available Space 3,500 SF
Contiguous Space 3,500 SF
Space Use Retail
Available From Immediate

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $12,754

Amenities

gas station
convenience store
fast-casual restaurants
quick service restaurants
ample parking
outdoor seating/dining areas
restrooms
daylighting
community gathering spaces
landscaped park
native plantings
pocket parks
event space
public art opportunities
ConcreteSlabGrade
Elevator
Irregular
0.5
CountyRoad

Building Details

Year Built 2024
Building Size 3,500 SF
Listing Agency: RE/MAX CONCEPTS
Listed By: Ali Rashid · License #S61123000
Source: Pinnaclerealtyia
Added: Sep 10, 2024 Changed: Aug 29 Last Checked: Jul 5 at 6:24PM

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 RE/MAX CONCEPTS

Investment Insights

Based on property information with market context.

This first-floor commercial property is part of Kingston Yard, a mixed-use master-planned development completed in 2024. The site is positioned for retail, office, and other commercial occupancy within a coordinated development setting.

The property is located at 275 1st Avenue SW in Cedar Rapids, Iowa. U-DC zoning applies to the site, and the premises are offered for rent.

Key Highlights

  • First‑floor commercial property within Kingston Yard
  • Part of a mixed‑use master‑planned development
  • Built in 2024

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Barber Shop Locksmith (Bike/Boat/Book/etc) Store HVAC Service Big Box & Wholesale Store

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
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,821
Businesses Nearby

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
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

This space is priced 14% below the average of $17.39 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space in a 2024 development with U-DC zoning.
Where is this mixed-use property located?
The property is located at 275 SW 1st Avenue Cedar Rapids, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: First‑floor commercial property within Kingston Yard; Part of a mixed‑use master‑planned development; Built in 2024
More about this property
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