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Open-Plan Retail Suite
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1400-1420 1st Ave SE, Cedar Rapids, IA 52402

Sublease space with private restrooms, dedicated parking, and existing utility infrastructure for retail or service use.

Space Size2,500 SF
Days on Market7

Property Features for 1400-1420 1st Ave SE

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Space Use Office
Sublease Yes

Site & Location

Traffic Count 18,000 vehicles/day
Highway Access Yes
Utilities to Site Yes

Amenities

private restrooms
dedicated parking lot

Spaces For Lease

at 1400-1420 1st Ave SE Contact us

Retail/Office Space For Sublease $9.95/SF/Yr

Floor
1
Size
2,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
Yes
Location Overview Strategically positioned near Coe College on 1st Avenue, making...
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Listing Agency: GLD Commercial
Listed By: Angie Glick
Source: Moodyscre
Added: Aug 13 Changed: Aug 18 Last Checked: Aug 19 at 1:42PM

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 GLD Commercial

Investment Insights

Based on property information with market context.

Suite 103 provides 2,500 SF of open-plan commercial space available through sublease. The interior has been cleared of prior equipment and includes private restrooms, existing utility infrastructure, and a dedicated parking lot. Its flexible layout can accommodate retail, office, restaurant, or service operations as supported by the property configuration.

The suite fronts 1st Avenue near Coe College and is adjacent to Jimmy John's and Scooter's Coffee. Mount Mercy University is also nearby, while I-380 provides convenient regional access. Traffic on the corridor is reported at nearly 18,000 vehicles, adding measurable exposure for businesses serving the surrounding area.

Key Highlights

  • 2,500 SF sublease opportunity in Suite 103
  • Open floor plan with existing utility infrastructure
  • Private restrooms and dedicated parking lot

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Barber Shop HVAC Service (Bike/Boat/Book/etc) Store Garden Center Acupuncture Catering Service

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

18,000 VPD
Traffic count
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,243
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

Market

Lease Benchmarks for Cedar Rapids, IA

$18.35 /SF/Yr
Avg Asking Price
$10–$42 /SF/Yr
Price Range
33,694 SF
Avg Space Size

This space is priced 46% below the average of $18.35 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Sublease space with private restrooms, dedicated parking, and existing utility infrastructure for retail or service use.
Where is this retail space located?
The property is located at 1400-1420 1st Ave SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: 2,500 SF sublease opportunity in Suite 103; Open floor plan with existing utility infrastructure; Private restrooms and dedicated parking lot
(319) 731-3409 Call to check price and availability
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