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End-Cap Retail Suite
For Lease
$14 SF/Yr CAM $7 /USD/SF/YR

1534 S Gilbert St #400, Iowa City, IA 52240

Open retail space includes a dock door and a rear office, work area, and conference room.

Space SizeContact for details
Days on Market573

Property Features for 1534 S Gilbert St #400

General Information

Standard status Active
Zoning CC2
Lease Type NNN

Lease Terms

Lease Rate $14 /SF/YR
Total Rate $9,625
CAM $7 /SF/YR

Site & Location

End Cap Yes
Traffic Count 13,500 vehicles/day

Additional Details

Space Use Retail
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $4

Building Details

Year Built 1985
Construction CMU
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #B33730000
Source: Kalonarealty
Added: Apr 1, 2025 Changed: Oct 24 Last Checked: Oct 24 at 2:47PM

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

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Investment Insights

Based on property information with market context.

This end-cap retail suite features an open sales area with an office, work area, and conference room positioned across the rear. A dock door serves a small receiving area, and the building has CMU construction and sprinkler protection. The suite is zoned CC2 and was built in 1985.

The property fronts S Gilbert St, where the cited traffic volume is 13,500 cars per day. The suite has a 14' 11" deck height and 10' 5" clear height.

Key Highlights

  • End‑cap retail suite on S Gilbert St
  • 13,500 cars per day on S Gilbert St
  • 14' 11" deck height and 10' 5" clear height

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Domino's Pizza Take-out & Catering El Señor Cactus ... Take-out & Catering R.P. Design Center Hardware & Home Improvement Venus Nails & Spa Nail Salon

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store HVAC Service Grocery & Convenience Store Building Supply Carpet & Flooring Store

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

13,500 VPD
Traffic count
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,092
Businesses Nearby
251k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Groceries 21% Shops & Services 19% Office Supplies 4%
Hy-Vee Groceries
48,058 visits/mo 0.3 miles
McDonald's Dining
37,057 visits/mo 0.5 miles
Kwik Trip Shops & Services
25,518 visits/mo 0.4 miles
Starbucks Dining
24,488 visits/mo 0.4 miles
Staples Office Supplies
11,026 visits/mo 0.4 miles

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Iowa City, IA

$20.34 /SF/Yr
Avg Asking Price
$8–$38.84 /SF/Yr
Price Range
3,064 SF
Avg Space Size

This space is priced 31% below the average of $20.34 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Open retail space includes a dock door and a rear office, work area, and conference room.
Where is this retail space located?
The property is located at 1534 S Gilbert St #400 Iowa City, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: End‑cap retail suite on S Gilbert St; 13,500 cars per day on S Gilbert St; 14' 11" deck height and 10' 5" clear height
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