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Freestanding Drive-Through Restaurant
For Lease
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3401 E Avenue NW, Cedar Rapids, IA 52402

Substantially built-out restaurant with dedicated vehicle service infrastructure and prominent roadside signage.

Space Size2,927 SF
Lot Size1.17 Acres
Days on Market13

Property Features for 3401 E Avenue NW

General Information

Standard status Active
Size 2,927 SF
Net Rentable 2,927 SF
Lot size 1.17 Acres
Property subtype Retail

Space & Availability

Available Space 2,927 SF
Contiguous Space 2,927 SF
Space Use Restaurant

Site & Location

Drive-Thru Yes
Traffic Count 24,524 vehicles/day

Restaurant

Commercial Hood Yes
Grease Trap Yes

Building Details

Building Size 2,927 SF
Year Built 2015
Tenancy Single

Spaces For Lease

at 3401 E Avenue NW Contact us

Available Space

Size
2,927 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: SVN | CREATE Commercial Real Estate Advisors
Listed By: Nora Walsh · License #IA S66842000
Source: Crexi
Added: Jul 28 Changed: Aug 8 Last Checked: Aug 9 at 12:51PM

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 SVN | CREATE Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This 2,927-square-foot freestanding drive-through restaurant occupies approximately 1.17 acres and was built in 2015. The improvements include an existing drive-through lane with menu boards, freestanding signage, a 20-foot-plus hood, walk-in coolers, and a grease trap. Furniture, fixtures, and equipment may be available separately through negotiation.

The property is located at 3401 E Avenue NW in Cedar Rapids, within a retail and dining corridor near E Avenue NW and Edgewood Road NW. Traffic in the immediate area is approximately 24,524 vehicles per day. The surrounding trade area includes approximately 58,032 residents within three miles, with an average household income of $84,359, and includes national restaurant, retail, and coffee operators such as McDonald’s, Chick-fil-A, Culver’s, Taco Bell, Wendy’s, Freddy’s, Arby’s, Target, and Starbucks.

Key Highlights

  • 2,927‑square‑foot freestanding drive‑through restaurant
  • Approximately 1.17 acres at 3401 E Avenue NW, Cedar Rapids, IA 52402
  • Existing drive‑through lane with menu boards and prominent freestanding signage

Property Analytics

Current Use

Popeyes Louisiana Kitchen Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Restaurant Dental Office Big Box & Wholesale 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

24,524 VPD
Traffic count
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,914
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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Substantially built-out restaurant with dedicated vehicle service infrastructure and prominent roadside signage.
Where is this drive through restaurant located?
The property is located at 3401 E Avenue NW Cedar Rapids, IA.
What are key features of this property?
This property features: 2,927‑square‑foot freestanding drive‑through restaurant; Approximately 1.17 acres at 3401 E Avenue NW, Cedar Rapids, IA 52402; Existing drive‑through lane with menu boards and prominent freestanding signage
(515) 416-7930 Call to check price and availability
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