Anchored Shopping
For Lease
$9 SF/Yr
3611 1st Ave SE #19, Cedar Rapids, IA 52402
Retail suites are available in a walkable center near downtown Cedar Rapids and the Collins Road and Highway 100 retail hub.
Space Size589 SF - 7,548 SF
Days on Market822
Property Features for 3611 1st Ave SE #19
General Information
Standard status
Active
Size
589 SF - 7,548 SF
Net Rentable
589 SF
Zoning
C2
Site & Location
Anchor Co-Tenants
Fareway, Dollar Tree
Traffic Count
25,000 vehicles/day
Highway Access
Yes
Additional Details
Available Space
589-7,548 SF
Taxes and HOA fees
Annual Taxes
$162,084
Building Details
Year Built
1956
Tenancy
Multi
Listing Agency:
Q4 Real Estate
(319) 294-3339
Listed By:
Craig Byers · License #S61123000
(319) 360-7017
Source:
Kalonarealty
Added: Jul 25, 2024
Changed: Oct 24
Last Checked: Oct 24 at 3:13PM
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.
Town & Country is a shopping center with retail space offered in multiple sizes and configurations, ranging from 589 to 7,548 square feet. Fareway and Dollar Tree anchor the property, and the center was built in 1956. Zoning is C2.
The property is on 1st Avenue in Cedar Rapids, where traffic counts exceed 25,000 vehicles daily. It is close to downtown, the Collins Road and Highway 100 retail hub, I-380 ramps, and the Newbo District.
The property is on 1st Avenue in Cedar Rapids, where traffic counts exceed 25,000 vehicles daily. It is close to downtown, the Collins Road and Highway 100 retail hub, I-380 ramps, and the Newbo District.
Key Highlights
- Fareway and Dollar Tree anchor the shopping center
- Retail spaces range from 589 to 7,548 SF, with multiple configurations available
- 1st Avenue traffic counts exceed 25,000 vehicles daily
Property Analytics
Current Use
Lease Details
25,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$15 /SF/Yr
Avg Asking Price
$7–$21 /SF/Yr
Price Range
28,993 SF
Avg Space Size
This space is priced 40% below the average of $15 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Town & Country Shopping Center — 136 36th Street Drive Southeast, 3717 1st Ave NE and 3607, Cedar Rapids, IA 52403
- Northland Square — 367 Collins Rd NE, Cedar Rapids, IA 52402
- Proactiv Kiosk — 4444 1st Ave NE, Cedar Rapids, IA 52402
- Lindale Mall — 4444 1st Ave NE, Cedar Rapids, IA 52402
- Coin Cloud Bitcoin ATM — 4444 1st Ave NE, Cedar Rapids, IA 52402
Frequently Asked Questions
What type of property is this?
Shopping center - Retail suites are available in a walkable center near downtown Cedar Rapids and the Collins Road and Highway 100 retail hub.
Where is this shopping center located?
The property is located at 3611 1st Ave SE #19 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Fareway and Dollar Tree anchor the shopping center; Retail spaces range from 589 to 7,548 SF, with multiple configurations available; 1st Avenue traffic counts exceed 25,000 vehicles daily
