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Mixed-Use Retail and Office Space
For Lease
$15 SF/Yr

151 SW 1st Avenue, Cedar Rapids, IA 52404

Vanilla-box space within a downtown master-planned development with onsite parking and suite combination options.

Space SizeContact for details
Days on Market879

Property Features for 151 SW 1st Avenue

General Information

Standard status Active
Property subtype Com Lease
Zoning U-DC
Lease Type Net

Amenities

ConcreteSlabGrade
Irregular
7.7
CountyRoad

Building Details

Year Built 2024
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Ryan Eighme
Source: Pinnaclerealtyia
Added: Apr 4, 2024 Changed: Aug 28 Last Checked: Aug 29 at 6:03AM

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 Lepic-Kroeger, REALTORS

Investment Insights

Based on property information with market context.

Kingston Yard is a mixed-use, destination-style master-planned development in downtown Cedar Rapids within the Kingston Village District. Leasing options include retail and office units, and the landlord is delivering space as a vanilla box; buildout specifications are available by request from the listing agent. A tenant improvement allowance is available on retail and office space, subject to terms outlined in the marketing flyer. Suites may also be combined to help meet a tenant’s target size.

The property includes a permanent parking structure onsite, supporting day-to-day access for employees and visitors. Leasing is for spaces within the development at 151 SW 1st Avenue, Cedar Rapids.

This offering is suited for tenants looking to customize either retail or office space within a multi-use environment designed to draw visitors year-round. Because delivery is provided as a vanilla box, operators can plan their own buildout in coordination with the available tenant improvement allowance. The base rate is subject to annual increases, and prospective tenants should confirm buildout requirements and allowance details with the listing agent before finalizing their plans.

Key Highlights

  • 7.7‑acre mixed‑use master‑planned development in downtown Cedar Rapids (Kingston Village District).
  • Lease space offered as a landlord delivery “vanilla box” with buildout specifications available via listing agent.
  • Tenant improvement allowance available on retail and office space (details per marketing flyer).

Property Analytics

Current Use

Mixed-use properties

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,039
Businesses Nearby

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$17.39 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
45,086 SF
Avg Space Size

This space is priced 14% below the average of $17.39 /SF/Yr.

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Frequently Asked Questions

What type of property is this?
Mixed-use property - Vanilla-box space within a downtown master-planned development with onsite parking and suite combination options.
Where is this mixed-use property located?
The property is located at 151 SW 1st Avenue Cedar Rapids, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 7.7‑acre mixed‑use master‑planned development in downtown Cedar Rapids (Kingston Village District).; Lease space offered as a landlord delivery “vanilla box” with buildout specifications available via listing agent.; Tenant improvement allowance available on retail and office space (details per marketing flyer).
More about this property
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