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Flexible-Layout Retail Space
New
For Lease
$940/Mo

702 S Gilbert, Iowa City, IA 52240

CC2 zoning accommodates retail, office, medical office, and other professional uses.

Space Size790 SF
Days on Market5

Property Features for 702 S Gilbert

General Information

Standard status Active
Size 790 SF
Net Rentable 790 SF
Property subtype Com Lease
Zoning CC2
Lease Type Gross

Space & Availability

Available Space 790 SF
Contiguous Space 790 SF
Space Use Office

Lease Terms

Lease Rate $940 /USD/MO
Total Rate $940
Monthly Rent $940
Rent per SF/Year $14.28

Amenities

flexible layout
parking available
Carpet
CountyRoad

Building Details

Year Built 1993
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Doug McAllister
Source: Pinnaclerealtyia
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 4:09PM

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 Lepic-Kroeger, REALTORS

Investment Insights

Based on property information with market context.

This 790-square-foot commercial space in Iowa City has a flexible layout, carpeted floors, and CC2 zoning. The space is suited to retail, office, medical office, and other professional uses. The building dates to 1993, and parking is available.

Located in the Downtown Iowa City area at 702 S. Gilbert, the property is offered on a gross lease.

Key Highlights

  • 790‑square‑foot commercial space
  • CC2 zoning; retail, office, medical office, and other professional uses are identified
  • Parking available

Property Analytics

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Current Use

Musician's Pro Shop ... (Bike/Boat/Book/etc) Store Cronk & Waterman, PLC Law Firm Gumby's Pizza Restaurant Salon LaDiDa Hair Salon Jackson Medical Supply Medical Supply Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Furniture & Home Goods Nursing Home Storage Facility Clothing & Fashion 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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,980
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 30% Hotels & Casinos 29% Home Improvements & Furnishings 1%
Kum & Go Shops & Services
16,225 visits/mo 0.4 miles
Starbucks Dining
14,510 visits/mo 0.5 miles
Hilton Garden Inn Hotels & Casinos
11,525 visits/mo 0.4 miles
Burger King Dining
8,707 visits/mo 0.5 miles
Hyatt Place Hotels & Casinos
6,593 visits/mo 0.3 miles

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Iowa City, IA

$20.94 /SF/Yr
Avg Asking Price
$8–$38.84 /SF/Yr
Price Range
2,871 SF
Avg Space Size

This space is priced 32% below the average of $20.94 /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 - CC2 zoning accommodates retail, office, medical office, and other professional uses.
Where is this retail space located?
The property is located at 702 S Gilbert Iowa City, IA.
What is the lease rate?
The lease rate is $940/Mo.
What are key features of this property?
This property features: 790‑square‑foot commercial space; CC2 zoning; retail, office, medical office, and other professional uses are identified; Parking available
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