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Open-Plan Retail Suite
For Lease
$9 SF/Yr

1420 1ST Avenue NE Unit 103, Cedar Rapids, IA 52402

Visible commercial suite with private restrooms, dedicated parking, and access to established neighboring businesses.

Space SizeContact for details
Days on Market114

Property Features for 1420 1ST Avenue NE Unit 103

General Information

Standard status Active
Lease Term []

Building Details

Year Built 2018
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Angie Glick · License #IA B64683000
Source: Cbhrealty
Added: Jul 9 Changed: Oct 28 Last Checked: Oct 30 at 6:45PM

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 Real Estate Advisors

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Investment Insights

Based on property information with market context.

Unit 103 offers 2,500 SF of open-plan retail space within a 2018 commercial property. The suite has been cleared of prior equipment and includes private restrooms, dedicated parking, and existing utility infrastructure. Its configuration can accommodate retail, office, or service-oriented occupancy, subject to applicable requirements.

The property is positioned near Jimmy John's and Scooter's Coffee, with convenient access to I-380. Coe College and Mount Mercy University are minutes away, adding established institutional destinations to the surrounding context.

Key Highlights

  • 2,500 SF open‑plan retail suite
  • Private restrooms and dedicated parking lot
  • Existing utility infrastructure remains in place

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
$1.35 /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

$16.26 /SF/Yr
Avg Asking Price
$8–$35 /SF/Yr
Price Range
47,779 SF
Avg Space Size

This space is priced 45% below the average of $16.26 /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

Frequently Asked Questions

What type of property is this?
Retail space - Visible commercial suite with private restrooms, dedicated parking, and access to established neighboring businesses.
Where is this retail space located?
The property is located at 1420 1ST Avenue NE Unit 103 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: 2,500 SF open‑plan retail suite; Private restrooms and dedicated parking lot; Existing utility infrastructure remains in place
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