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Endcap Restaurant Suite with Patio
For Lease
$16.50 SF/Yr

1621 S 1st Ave, Iowa City, IA 52240

Kitchen and refrigeration equipment remain in place, with shared parking available at both the front and rear of the building.

Space Size1,191 SF
Days on Market377

Property Features for 1621 S 1st Ave

General Information

Standard status Active
Size 1,191 SF
Net Rentable 1,191 SF
Zoning CC2
Lease Type NNN

Space & Availability

Available Space 1,191 SF
Contiguous Space 1,191 SF
Space Use Restaurant

Lease Terms

Lease Rate $16.50 /SF/YR
Total Rate $2,219
Monthly Rent $1,637
Rent per SF/Year $16.50

Site & Location

End Cap Yes
Anchor Co-Tenants Java House, K&Q Nails, DonutLand, Muddy Feet Hot Yoga, 2 Dogs Pub
Traffic Count 12,200 vehicles/day

Restaurant

Commercial Hood Yes
Patio Yes
Equipment Included Yes
Second-Generation Restaurant Yes
Walk-In Cooler/Freezer Yes

Taxes and HOA fees

Annual Taxes $3

Amenities

Zero Step Entry

Building Details

Year Built 2003
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #B33730000
Source: Kalonarealty
Added: Oct 14, 2025 Changed: Oct 24 Last Checked: Oct 24 at 2:33PM

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 1,191-square-foot endcap restaurant suite includes an outdoor dining patio. Existing kitchen features include an exhaust hood, Ansul system, walk-in cooler and freezer, ice machine, and built-in counter. The building dates to 2003, and the space is zoned CC2.

The property is at 1621 S 1st Ave in Iowa City, where the stated traffic count is 12,200 cars per day. Shared parking is available at the front and rear of the building. Nearby tenants include Java House, K&Q Nails, DonutLand, Muddy Feet Hot Yoga, and 2 Dogs Pub.

Key Highlights

  • 1,191‑square‑foot endcap restaurant suite with an outdoor dining patio
  • Includes exhaust hood, Ansul system, walk‑in cooler and freezer, ice machine, and built‑in counter
  • Shared parking at the front and rear of the building

Property Analytics

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

Current Use

Marco's Grilled Cheese Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

12,200 VPD
Traffic count
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

735
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 31% Home Improvements & Furnishings 6% Apparel 3%
Kum & Go Shops & Services
14,768 visits/mo 0.5 miles
Dollar Tree Shops & Services
11,498 visits/mo 0.2 miles
Wendy's Dining
11,057 visits/mo 0.1 miles
Jo-Ann Fabric and Craft Shops & Services
10,925 visits/mo 0.3 miles
Panera Bread Dining
10,808 visits/mo 0.2 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

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?
Conventional restaurant - Kitchen and refrigeration equipment remain in place, with shared parking available at both the front and rear of the building.
Where is this conventional restaurant located?
The property is located at 1621 S 1st Ave Iowa City, IA.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: 1,191‑square‑foot endcap restaurant suite with an outdoor dining patio; Includes exhaust hood, Ansul system, walk‑in cooler and freezer, ice machine, and built‑in counter; Shared parking at the front and rear of the building
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