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114-151 1st Ave Sw, Cedar Rapids, IA 52405

Destination-oriented development offers retail and office leasing opportunities with onsite structured parking.

Space SizeContact for details
Days on Market1264

Property Features for 114-151 1st Ave Sw

General Information

Standard status Active

Amenities

permanent parking structure
Listing Agency: Q4 Real Estate
Listed By: Craig Byers · License #S61123000
Source: Exprealty
Added: Mar 16, 2023 Changed: Aug 29 Last Checked: Aug 29 at 10:39PM

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.

Kingston Yard is a mixed-use development in downtown Cedar Rapids’ Kingston Village District, offering space for retail, office, and other commercial users. Lease spaces are delivered in vanilla-box condition, with buildout specifications available from the listing agent. Tenant improvement allowances are available for retail and office spaces, and the property includes a permanent onsite parking structure.

The development is designed as a year-round destination with amenities intended to draw visitors across multiple generations. Its location within the Kingston Village District supports a range of commercial occupants seeking space in an active downtown setting.

Key Highlights

  • Mixed‑use development in downtown Cedar Rapids’ Kingston Village District
  • 100,000‑square‑foot property offering retail, office, and other commercial space
  • Lease spaces delivered in vanilla‑box condition

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith Storage Facility Auto Parts Store Grocery & Convenience Store Barber Shop Pet Grooming Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,930
Businesses Nearby

Demographics for 52405, IA

26,382
Population
12,283
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
15.0 sq mi
ZIP Area
1,759
Density / Sq Mi
$65,352
Median Household Income
$44,711
Median Earnings
$1,043
Median Rent
$173,600
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 - Destination-oriented development offers retail and office leasing opportunities with onsite structured parking.
Where is this mixed-use property located?
The property is located at 114-151 1st Ave Sw Cedar Rapids, IA.
What are key features of this property?
This property features: Mixed‑use development in downtown Cedar Rapids’ Kingston Village District; 100,000‑square‑foot property offering retail, office, and other commercial space; Lease spaces delivered in vanilla‑box condition
More about this property
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