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Retail Space with Patio
For Lease
$24 SF/Yr

1140 Blairs Ferry Rd NE #100, Cedar Rapids, IA 52402

Restaurant or retail occupancy is supported by updated building systems and a dedicated outdoor patio.

Space Size4,500 SF
Days on Market1088

Property Features for 1140 Blairs Ferry Rd NE #100

General Information

Standard status Active
Size 4,500 SF
Net Rentable 4,500 SF
Zoning Sub Mixed Use Comm Ctr

Space & Availability

Available Space 4,500 SF
Contiguous Space 4,500 SF
Available From Immediate

Additional Details

Anchor Co-Tenants The Good Feet Store, Dunn Brother's Coffee
Patio Yes

Taxes and HOA fees

Annual Taxes $39,864

Amenities

outdoor patio
on-site parking

Building Details

Year Built 1993
Tenancy Multi
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kalonarealty
Added: Nov 7, 2023 Changed: Oct 29 Last Checked: Oct 29 at 2:37PM

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

Rey
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Investment Insights

Based on property information with market context.

This 4,500-square-foot retail space is available immediately for restaurant or retail use. The premises includes a 650-square-foot outdoor patio, and FF&E is negotiable. Built in 1993, the building received façade improvements in 2021/2022, including a new roof and HVAC equipment. Zoning is Sub Mixed Use Comm Ctr.

The property is at 1140 Blairs Ferry Rd NE in Cedar Rapids, near Super Target. The co-tenants are The Good Feet Store and Dunn Brother's Coffee, and substantial on-site parking is available.

Key Highlights

  • 4,500 SF available immediately for restaurant or retail use
  • 650 SF outdoor patio
  • Façade updates in 2021/2022 included a new roof and HVAC equipment

Property Analytics

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

Current Use

Mextizo Restaurant The Good Feet Store Orthotics & Prosthetics Service Dunn Brothers Coffee Cafe & Coffee Shop Hunt Graphic Innovations Marketing & Advertising

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Auto Parts Store Electrical 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

671
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 48% above the average of $16.26 /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 - Restaurant or retail occupancy is supported by updated building systems and a dedicated outdoor patio.
Where is this retail space located?
The property is located at 1140 Blairs Ferry Rd NE #100 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 4,500 SF available immediately for restaurant or retail use; 650 SF outdoor patio; Façade updates in 2021/2022 included a new roof and HVAC equipment
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