Search
Freestanding Restaurant with Drive-Through
For Sale
Contact for pricing

3401 E Avenue NW, Cedar Rapids, IA 52402

Substantially built-out restaurant with commercial kitchen infrastructure and prominent on-site signage.

Property Size2,927 SF
Lot Size1.17 Acres
Days on Market12

Property Features for 3401 E Avenue NW

General Information

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

Site & Location

Drive-Thru Yes
Pylon Signage Yes

Restaurant

Commercial Hood Yes
Grease Trap Yes

Building Details

Year Built 2015
Tenancy Single
Listing Agency: SVN | CREATE Commercial Real Estate Advisors
Listed By: Nora Walsh · License #IA S66842000
Source: Crexi
Added: Jul 28 Changed: Aug 5 Last Checked: Aug 7 at 9:16AM

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 freestanding restaurant property contains 2,927 square feet on approximately 1.17 acres and was built in 2015. The existing configuration includes a drive-through with menu boards, prominent freestanding signage, a 20-foot-plus hood, walk-in coolers, and a grease trap. Furniture, fixtures, and equipment may also be available through negotiation.

The property is located at 3401 E Avenue NW in Cedar Rapids, near E Avenue NW and Edgewood Road NW. Traffic in the area is approximately 24,524 vehicles per day. Nearby retail and dining operators include 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 restaurant on approximately 1.17 acres
  • Existing drive‑through with menu boards
  • 20‑foot‑plus hood, walk‑in coolers, and grease trap

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

Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

1,914
Businesses Nearby
Under-served
Demand for This Use

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Substantially built-out restaurant with commercial kitchen infrastructure and prominent on-site signage.
Where is this conventional 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 restaurant on approximately 1.17 acres; Existing drive‑through with menu boards; 20‑foot‑plus hood, walk‑in coolers, and grease trap
(515) 416-7930 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message