Ground-Floor Mixed-Use
For Lease
$8.50 SF/Yr
329 12th Ave SE #100/102, Cedar Rapids, IA 52401
C-3-zoned space is delivered ready for office or retail occupancy within a residential and commercial building.
Space SizeContact for details
Property Size38,400 SF
Days on Market2916
Property Features for 329 12th Ave SE #100/102
General Information
Standard status
Active
Size
38,400 SF
Zoning
C-3
Lease Type
NNN
Space & Availability
Floor
1
Space Use
Office
Lease Terms
Lease Rate
$8.50 /SF/YR
Rent per SF/Year
$8.50
Lease Term
60 months
Flexible Term
No
Taxes and HOA fees
Annual Taxes
$7,948
Building Details
Year Built
2017
Building Size
38,400 SF
Tenancy
Multi
Listing Agency:
Q4 Real Estate
(319) 294-3339
Listed By:
Craig Byers · License #S61123000
(319) 360-7017
Source:
Kalonarealty
Added: Nov 5, 2018
Changed: Oct 29
Last Checked: Oct 29 at 2:40PM
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
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Investment Insights
Based on property information with market context.
This ground-level commercial suite is configured for office or retail use and is ready for tenant build-out. It occupies part of a 38,400-square-foot mixed-use property completed in 2017, with additional commercial suites on the ground floor and condominium and apartment residences on the floors above.
The building overlooks NewBo City Market in Cedar Rapids’ Newbo District. The surrounding district is described as pedestrian- and bicycle-friendly. Zoning is C-3.
The building overlooks NewBo City Market in Cedar Rapids’ Newbo District. The surrounding district is described as pedestrian- and bicycle-friendly. Zoning is C-3.
Key Highlights
- 38,400‑square‑foot mixed‑use building completed in 2017
- Ground‑floor commercial suite suited to office or retail use
- C‑3 zoning
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,182
Businesses Nearby
Explore this area
Business Placement
Demographics for 52401, IA
2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Cedar Rapids, IA
$16.71 /SF/Yr
Avg Asking Price
$8–$21 /SF/Yr
Price Range
88,897 SF
Avg Space Size
This space is priced 49% below the average of $16.71 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-3-zoned space is delivered ready for office or retail occupancy within a residential and commercial building.
Where is this mixed-use property located?
The property is located at 329 12th Ave SE #100/102 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: 38,400‑square‑foot mixed‑use building completed in 2017; Ground‑floor commercial suite suited to office or retail use; C‑3 zoning
