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Kingston Yard Mixed-Use Space
For Lease
$15 SF/Yr

151 SW 1st Avenue Unit 114, Cedar Rapids, IA 52404

New commercial space delivered in vanilla-box condition with a permanent parking structure onsite.

Space SizeContact for details
Days on Market902

Property Features for 151 SW 1st Avenue Unit 114

General Information

Standard status Active
Lease Term []

Building Details

Year Built 2024
Listing Agency: Q4 Real Estate
Listed By: Craig Byers
Source: Cbhrealty
Added: Mar 12, 2024 Changed: Aug 28 Last Checked: Aug 29 at 10:46AM

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 Q4 Real Estate

Investment Insights

Based on property information with market context.

Kingston Yard is a 2024 mixed-use commercial development at 151 1st Avenue SW, Unit 114, in downtown Cedar Rapids’ Kingston Village District. The property is designed to accommodate retail, office, and other commercial tenants within a master-planned setting. Available lease space is delivered in vanilla-box condition, allowing buildout specifications to be coordinated with the landlord.

A permanent parking structure is located onsite. The development also includes amenities intended to support year-round activity and attract visitors across multiple generations. Its downtown setting places the property within the Kingston Village District, providing a defined commercial environment for businesses seeking space in Cedar Rapids.

Key Highlights

  • 2024 mixed‑use commercial development in downtown Cedar Rapids
  • Located at 151 1st Avenue SW, Unit 114
  • Vanilla‑box delivery for lease space

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

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.

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?
Mixed-use property - New commercial space delivered in vanilla-box condition with a permanent parking structure onsite.
Where is this mixed-use property located?
The property is located at 151 SW 1st Avenue Unit 114 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: 2024 mixed‑use commercial development in downtown Cedar Rapids; Located at 151 1st Avenue SW, Unit 114; Vanilla‑box delivery for lease space
More about this property
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