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Main-Floor Retail Space
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4201 42ND Street Unit 115&120, Cedar Rapids, IA 52402

Open-plan commercial suite with direct parking-lot entry and access to shared center parking.

Space SizeContact for details
Days on Market708

Property Features for 4201 42ND Street Unit 115&120

General Information

Standard status Active
Lease Term []

Lease Terms

Lease Rate $14.95 /USD/SF/YR
Rent per SF/Year $14.95
Lease Term 60 months

Site & Location

Corner Location Yes
Anchor Co-Tenants Berthel Fisher, Essence Salon, Nails on 42nd, Winestyles, Massage Heights
Highway Access Yes

Additional Details

Floor Main

Building Details

Year Built 2015
Listing Agency: SKOGMAN REALTY
Listed By: Roy Nowers
Source: Cbhrealty
Added: Sep 22, 2024 Changed: Aug 29 Last Checked: Aug 29 at 10:54PM

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

Investment Insights

Based on property information with market context.

Units 115 and 120 offer open retail space on the main floor of a 63,000-square-foot center built in 2015. The suite has its own entrance from the parking lot and can be arranged for a range of commercial layouts. A five-year lease term is available.

The center includes a mix of professional, personal-service, salon, wine, massage, and dental occupants, including a newer building with four specialty dental offices and two office suites. Parking extends along all four sides of the anchor building, and the available space has access to a three-sided monument sign positioned at the corner.

The property provides access to Hwy 100 and I-380 and is located blocks from the Edgewood Rd bridge. Kennedy and Xavier High Schools are positioned at approximately equal distances from the center.

Key Highlights

  • 63,000‑square‑foot center built in 2015
  • Main‑floor units 115 and 120 with direct entry from the parking lot
  • Open interior layout suitable for flexible configuration

Property Analytics

Current Use

Cantel Wealth Management, ... Corporate Office Aerotek Employment Agency Berthel Fisher Companies Financial Advisor Securities Management and Research, ... Financial Advisor Aston Carter Employment Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Restaurant HVAC 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

333
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

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

This space is priced 15% below 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Open-plan commercial suite with direct parking-lot entry and access to shared center parking.
Where is this retail space located?
The property is located at 4201 42ND Street Unit 115&120 Cedar Rapids, IA.
What are key features of this property?
This property features: 63,000‑square‑foot center built in 2015; Main‑floor units 115 and 120 with direct entry from the parking lot; Open interior layout suitable for flexible configuration
More about this property
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