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High-Visibility Retail Restaurant Suite
For Lease
Contact for pricing

1420 1st Avenue NE 102&103, Cedar Rapids, IA 52402

Street-exposure retail suite near major arterials with established co-tenants and an option to combine adjacent space.

Space SizeContact for details
Days on Market36

Property Features for 1420 1st Avenue NE 102&103

General Information

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

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $96,799

Amenities

Carpet,Concrete
Yes
3
No
Display Window(s)
Public
0.874
38080
Off Street

Building Details

Year Built 2019
Stories 3
Tenancy Multi
Listing Agency: Century 21 Signature RE - Oelwein
Listed By: Tatiana McClinton
Source: Pinnaclerealtyia
Added: Jul 21 Changed: Aug 25 Last Checked: Aug 25 at 5:27AM

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 Century 21 Signature RE - Oelwein

Investment Insights

Based on property information with market context.

This high-visibility commercial space for lease offers a 2,500 SqFt suite with strong street exposure and established national co-tenants in the area, including Jimmy John’s and Scooters Coffee. An adjacent 2,500 SqFt suite can be combined to create a contiguous 5,000 SqFt footprint, providing flexibility for larger operational needs.

The space is located just off one of Cedar Rapids’ busiest arterials and backs directly to Coe College, with an on-site student and staff market. It is also positioned minutes from major hospitals, with fast highway access from across the metro.

The landlord incentive provides 6 months free rent with a signed lease of 3 years or longer, reducing first-year occupancy cost. Spaces on 1st Ave NE with this visibility and co-tenant mix are available on a limited basis.

Key Highlights

  • High‑visibility 2,500 SF commercial suite for lease at 1420 1st Ave NE, just off one of Cedar Rapids’ busiest arterials
  • Suite includes heating and air conditioning and carpet/concrete flooring; has display window(s)
  • Off‑street parking and public water service

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Barber Shop Locksmith

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,914
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-exposure retail suite near major arterials with established co-tenants and an option to combine adjacent space.
Where is this retail space located?
The property is located at 1420 1st Avenue NE 102&103 Cedar Rapids, IA.
What are key features of this property?
This property features: High‑visibility 2,500 SF commercial suite for lease at 1420 1st Ave NE, just off one of Cedar Rapids’ busiest arterials; Suite includes heating and air conditioning and carpet/concrete flooring; has display window(s); Off‑street parking and public water service
More about this property
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