Mixed-Use Leasing
For Lease
$16 SF/Yr
151 SW 1st Avenue #116, Cedar Rapids, IA 52404
Available in vanilla-box condition within a 2024 development, with a permanent parking structure on site.
Space SizeContact for details
Days on Market935
Property Features for 151 SW 1st Avenue #116
General Information
Standard status
Active
Zoning
U-DC
Space & Availability
Space Use
Office
Condition
Vanilla Box
Sublease
No
Building Details
Year Built
2024
Listing Agency:
Q4 Real Estate
(319) 294-3339
Listed By:
Craig Byers · License #S61123000
(319) 360-7017
Source:
Sellersandseekers
Added: Apr 4, 2024
Changed: Oct 24
Last Checked: Oct 24 at 2:57PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Commercial space is offered for lease within a mixed-use development completed in 2024. The landlord’s delivery condition is vanilla box, and the property includes a permanent parking structure.
The development is in downtown Cedar Rapids, within the Kingston Village District. The site is zoned U-DC.
The development is in downtown Cedar Rapids, within the Kingston Village District. The site is zoned U-DC.
Key Highlights
- Located in downtown Cedar Rapids’ Kingston Village District
- Part of a mixed‑use development completed in 2024
- Landlord delivery condition is vanilla box
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,039
Businesses Nearby
Explore this area
Business Placement
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
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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
This space is priced 10% below the average of $17.73 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Available in vanilla-box condition within a 2024 development, with a permanent parking structure on site.
Where is this mixed-use property located?
The property is located at 151 SW 1st Avenue #116 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Located in downtown Cedar Rapids’ Kingston Village District; Part of a mixed‑use development completed in 2024; Landlord delivery condition is vanilla box
