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Open-Plan Retail Suite
For Lease
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1420 1st Ave NE 103, Cedar Rapids, IA 52402

Sublease space with private restrooms, existing utilities, and dedicated off-street parking.

Space SizeContact for details
Days on Market23

Property Features for 1420 1st Ave NE 103

General Information

Standard status Active
Property subtype Com Lease
Zoning UNG
Lease Type Net

Taxes and HOA fees

Annual Taxes $92,146

Amenities

Concrete
Yes
3
No
Public
0.874
.874 Ac
Off Street

Building Details

Year Built 2018
Stories 3
Listing Agency: Fischels Commercial Group
Listed By: Angie Buck
Source: Pinnaclerealtyia
Added: Aug 7 Changed: Aug 29 Last Checked: Aug 29 at 3:17PM

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 Fischels Commercial Group

Investment Insights

Based on property information with market context.

This 2,500 SF retail suite is available for sublease and features an open interior, private restrooms, and existing utility infrastructure. The space was previously used as a laundromat, with the prior equipment removed, leaving a flexible layout for retail, office, or service use. The property was built in 2018 and carries UNG zoning.

A dedicated parking lot provides off-street parking. The suite is adjacent to Jimmy John's and Scooter's Coffee, with access to I-380 and proximity to Coe College and Mount Mercy University. The surrounding business presence and established utility infrastructure support a range of commercial occupancy plans.

Key Highlights

  • 2,500 SF sublease suite with open interior layout
  • Private restrooms and existing utility infrastructure
  • Dedicated off‑street parking lot

Property Analytics

Current Use

Jimmy John's Take-out & Catering Scooter's Coffee Cafe & Coffee Shop

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

NNN (Triple Net)
Lease Type

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

$17.59 /SF/Yr
Avg Asking Price
$10–$33 /SF/Yr
Price Range
34,197 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Sublease space with private restrooms, existing utilities, and dedicated off-street parking.
Where is this retail space located?
The property is located at 1420 1st Ave NE 103 Cedar Rapids, IA.
What are key features of this property?
This property features: 2,500 SF sublease suite with open interior layout; Private restrooms and existing utility infrastructure; Dedicated off‑street parking lot
More about this property
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