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Retail Storefront in Multi-Tenant Center
For Lease
$28 SF/Yr

352 Highway 1 W, Iowa City, IA 52246

Turnkey storefront in a high-traffic multi-tenant complex, suited for restaurant or retail use.

Space SizeContact for details
Days on Market205

Property Features for 352 Highway 1 W

General Information

Standard status Active
Property subtype Com Lease
Zoning Commercial
Lease Type NNN

Amenities

ConcreteSlabGrade
Irregular
2.44
Paved,Highway

Building Details

Year Built 1975
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Cole Breitbach
Source: Pinnaclerealtyia
Added: Jan 23 Changed: Aug 16 Last Checked: Aug 16 at 3:36AM

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

Investment Insights

Based on property information with market context.

This retail storefront was previously occupied as a cell phone store and is presented in ready-to-occupy condition for a new tenant. The space is approximately 1,513 square feet and can support either restaurant or retail concepts, depending on the operator’s buildout needs.

The unit is located within a high-traffic, multi-tenant commercial complex at 352 Highway 1 W. As part of a shared center environment, the space benefits from ongoing exposure created by surrounding retail activity.

For tenants looking for an established retail address with flexible use for restaurant or retail, this storefront offers a straightforward fit. The existing layout and commercial storefront configuration can help reduce start-up time compared with finding a space that requires a more significant repositioning, while still allowing room for the next tenant’s branding and operational requirements.

Key Highlights

  • 2.44‑acre lot with paved highway road frontage
  • Former cell phone store space in a high‑traffic multi‑tenant complex
  • Ready for restaurant or retail use

Property Analytics

Current Use

AT&T Store Mobile Phone Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Locksmith Storage Facility Florist Carpet & Flooring 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

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby
194k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 46% Dining 25% Groceries 15% Shops & Services 13%
Walmart Superstores
88,081 visits/mo 0.2 miles
Aldi Groceries
28,506 visits/mo 0.4 miles
Culver's Dining
26,507 visits/mo 0.4 miles
Panda Express Dining
15,198 visits/mo 0.1 miles
Iowa City #2 Shops & Services
14,239 visits/mo 0.3 miles

Demographics for 52246, IA

22,829
Population
10,627
Households
2.1
Avg Household Size
29
Median Age
67%
College-Educated
95%
High-School Grad
16.7 sq mi
ZIP Area
1,367
Density / Sq Mi
$55,088
Median Household Income
$28,598
Median Earnings
$1,049
Median Rent
$327,100
Median Home Value

Market

Lease Benchmarks for Iowa City, IA

$21.87 /SF/Yr
Avg Asking Price
$12–$35.07 /SF/Yr
Price Range
3,670 SF
Avg Space Size

This space is priced 28% above the average of $21.87 /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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Turnkey storefront in a high-traffic multi-tenant complex, suited for restaurant or retail use.
Where is this storefront property located?
The property is located at 352 Highway 1 W Iowa City, IA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 2.44‑acre lot with paved highway road frontage; Former cell phone store space in a high‑traffic multi‑tenant complex; Ready for restaurant or retail use
More about this property
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