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New Construction Retail Ground-Floor
For Lease
$30 SF/Yr

2951 2nd St, Coralville, IA 52241

Brand-new ground-floor retail space is being built in a multi-tenant development with I-80 access and visibility.

Space SizeContact for details
Days on Market223

Property Features for 2951 2nd St

General Information

Standard status Active
Property subtype Com Lease
Zoning C-2
Lease Type NNN

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,714

Amenities

ConcreteSlabGrade
15.3
CountyRoad,Paved

Building Details

Year Built 2026
Tenancy Multi
Listing Agency: Edge Realty Group
Listed By: Jaime Hymer
Source: Pinnaclerealtyia
Added: Mar 12 Changed: Oct 15 Last Checked: Oct 19 at 4:38AM

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 Edge Realty Group

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Investment Insights

Based on property information with market context.

New construction is underway for a ground-floor retail space in a to-be-built multi-tenant building within the Rival Warz development in Coralville, Iowa. The project is described as featuring a 1,500-seat state-of-the-art esports arena designed to operate year round. The development includes projections of close to 1,000,000 annual visitors to the Rival Warz site alone.

The retail space is located west of Lowe’s on 2nd St, with easy access to I-80 and visibility from I-80 per the developer’s description. Please contact the listing agent for additional details and the leasing timeline.

Key Highlights

  • 15.3‑acre lot with county road frontage and paved road access
  • To‑be‑built multi‑tenant development offering 1st‑floor commercial retail space
  • Brand‑new ground‑floor retail space in the Rival Warz development

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Electrical Service Gym & Fitness Center Garden Center Auto Parts Store (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby
647k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 41% Dining 27% Apparel 16% Shops & Services 15%
Costco Wholesale Superstores
134,654 visits/mo 0.4 miles
Walmart Superstores
127,997 visits/mo 0.3 miles
Coralville #2 Shops & Services
46,532 visits/mo 0.3 miles
Kohl's Apparel
45,895 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
41,556 visits/mo 0.2 miles

Demographics for 52241, IA

22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value
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Market

Lease Benchmarks for Coralville, IA

$23.02 /SF/Yr
Avg Asking Price
$10–$40 /SF/Yr
Price Range
6,786 SF
Avg Space Size

This space is priced 30% above the average of $23.02 /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 - Brand-new ground-floor retail space is being built in a multi-tenant development with I-80 access and visibility.
Where is this retail space located?
The property is located at 2951 2nd St Coralville, IA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 15.3‑acre lot with county road frontage and paved road access; To‑be‑built multi‑tenant development offering 1st‑floor commercial retail space; Brand‑new ground‑floor retail space in the Rival Warz development
More about this property
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