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Ground-Floor Mixed-Use Suite
For Lease
$15 SF/Yr

5500 Fountains Dr NE #108, Cedar Rapids, IA 52411

First-floor space in a 2020 building offers a retail or office configuration within a larger mixed-use development.

Space SizeContact for details
Lot Size19.30 Acres
Days on Market1484

Property Features for 5500 Fountains Dr NE #108

General Information

Standard status Active
Lot size 19.30 Acres
Zoning S-MC

Space & Availability

Floor 1
Space Use Retail/Office

Site & Location

Anchor Co-Tenants Hy-Vee Grocery
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $654,590

Amenities

fast food
casual restaurants
sit-down restaurants
spas
salons
fitness studios
Hy-Vee Grocery

Building Details

Year Built 2020
Listing Agency: Q4 Real Estate
Listed By: Craig Byers · License #S61123000
Source: Kalonarealty
Added: Oct 3, 2022 Changed: Oct 24 Last Checked: Oct 24 at 2:59PM

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

Rey
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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.

Suite 108 occupies the first floor of The Accel Building, completed in 2020. The space is offered for lease for retail or office use, with zoning designated S-MC. The landlord will install a door to the suite.

The suite is part of The Fountains, a 19.3-acre mixed-use development with 40,500 square feet of retail and 200,000 square feet of office space. Restaurants, spas, salons, fitness studios, and Hy-Vee Grocery are among the amenities in or near the development. Access is described from Edgewood Road NE and Blairs Ferry Road, with Highway 100/Collins Road extension and the I-380 interchange less than one mile away.

Key Highlights

  • First‑floor retail or office suite in The Accel Building, built in 2020
  • Located within The Fountains, a 19.3‑acre mixed‑use development
  • The development includes 40,500 square feet of retail and 200,000 square feet of office space

Property Analytics

Current Use

Millhiser Smith Agency ... Insurance Agency HOTWORX - Cedar Rapids, ... Gym & Fitness Center Ritual Med Boutique Spa & Massage Center Accel Wealth Management ... Bank The Accel Group Insurance Agency

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Electrical Service (Bike/Boat/Book/etc) Store Garden Center

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
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 52411, IA

7,954
Population
2,927
Households
2.7
Avg Household Size
45
Median Age
59%
College-Educated
99%
High-School Grad
16.4 sq mi
ZIP Area
485
Density / Sq Mi
$164,972
Median Household Income
$72,607
Median Earnings
$1,275
Median Rent
$424,500
Median Home Value

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 15% below the average of $17.73 /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

Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor space in a 2020 building offers a retail or office configuration within a larger mixed-use development.
Where is this mixed-use property located?
The property is located at 5500 Fountains Dr NE #108 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: First‑floor retail or office suite in The Accel Building, built in 2020; Located within The Fountains, a 19.3‑acre mixed‑use development; The development includes 40,500 square feet of retail and 200,000 square feet of office space
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