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Mixed-Use Shell Space
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916 NE 16th Street #100, Cedar Rapids, IA 52402

T-MC-zoned commercial space is available within a development planned to include market-rate apartments.

Space Size2,842 SF - 5,685 SF
Days on Market1609

Property Features for 916 NE 16th Street #100

General Information

Standard status Active
Size 2,842 SF - 5,685 SF
Net Rentable 2,842 SF
Zoning T-MC

Space & Availability

Available Space 2,842-5,685 SF
Contiguous Space 5,685 SF
Space Use Office
Condition Shell

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,637

Building Details

Year Built 2022
Listing Agency: Q4 Real Estate
Listed By: Craig Byers · License #S61123000
Source: Sellersandseekers
Added: Jun 1, 2022 Changed: Oct 25 Last Checked: Oct 24 at 2:50PM

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

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Investment Insights

Based on property information with market context.

Built in 2022, The Hub offers shell commercial space for lease in a mixed-use development. Available areas range from 2,842 to 5,685 square feet, with the largest amount offered contiguously. The property is zoned T-MC, and the space is suited to office, retail, and service businesses.

The development is in the Mt. Mercy University and Coe College district, near restaurants, grocery stores, and other service businesses, with access to I-380. Plans for the project also include 186 market-rate apartments for rent.

Key Highlights

  • Shell commercial space in a 2022 mixed‑use development
  • Available areas from 2,842 to 5,685 square feet; maximum contiguous area is 5,685 square feet
  • T‑MC zoning

Property Analytics

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Open Analytics

Current Use

Cedar Rapids Inc Industrial Manufacturer

Suggested Use

Top Pick HVAC Service Real Estate Agency Bakery Furniture & Home Goods Acupuncture Barber Shop

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

Location Intelligence

Trade Area within ½ mile

570
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Cedar Rapids, IA

$17.73 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
88,897 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - T-MC-zoned commercial space is available within a development planned to include market-rate apartments.
Where is this mixed-use property located?
The property is located at 916 NE 16th Street #100 Cedar Rapids, IA.
What are key features of this property?
This property features: Shell commercial space in a 2022 mixed‑use development; Available areas from 2,842 to 5,685 square feet; maximum contiguous area is 5,685 square feet; T‑MC zoning
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