Anchored Shopping
3611 1ST Avenue SE Unit 2, Cedar Rapids, IA 52401
For Lease
Contact for pricing
Multiple lease configurations are available within a retail center anchored by Fareway and Dollar Tree.
Space SizeContact for details
Days on Market2559
Property Features for 3611 1ST Avenue SE Unit 2
General Information
Standard status
Lease Term
Site & Location
Anchor Co-Tenants
Highway Access
Road Access
Amenities
walkable design concept
Building Details
Year Built
Tenancy
Listing Agency:
Q4 Real Estate,
Listed By:
Craig Byers · License IA S61123000
(319) 360-7017
Source:
Cbhrealty
Added: Nov 8, 2019
Changed: Nov 8
Last Checked: Nov 8 at 6:42AM
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 Q4 Real Estate,
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Investment Insights
Based on property information with market context.
This shopping center contains 76,151 square feet and was built in 1956. Fareway and Dollar Tree serve as established retail anchors, while multiple suite sizes and configurations are available for lease. Planned work includes exterior building upgrades and parking lot improvements.
The property occupies 1st Avenue SE in Cedar Rapids, where traffic counts exceed 25,000 vehicles per day. Access connects the center with the surrounding 1st Avenue retail hub, Collins Road/Hwy 100, downtown Cedar Rapids, the New Bohemia Main Street District, and I-380 north and south on-and-off ramps.
The property occupies 1st Avenue SE in Cedar Rapids, where traffic counts exceed 25,000 vehicles per day. Access connects the center with the surrounding 1st Avenue retail hub, Collins Road/Hwy 100, downtown Cedar Rapids, the New Bohemia Main Street District, and I-380 north and south on-and-off ramps.
Key Highlights
- Fareway and Dollar Tree anchor the shopping center
- 76,151‑square‑foot retail property built in 1956
- Multiple suite sizes and configurations available for lease
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 52401, IA
2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value
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Market
Lease Benchmarks for Cedar Rapids, IA
$14.25 /SF/Yr
Avg Asking Price
$7–$21 /SF/Yr
Price Range
28,993 SF
Avg Space Size
Average Price Trend$/SF/Yr for Shopping centers in Cedar Rapids, IA
Properties on Market for Shopping centers in Cedar Rapids
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Town & Country Shopping Center — 136 36th Street Drive Southeast, 3717 1st Ave NE and 3607, Cedar Rapids, IA 52403
- Northland Square — 367 Collins Rd NE, Cedar Rapids, IA 52402
- Proactiv Kiosk — 4444 1st Ave NE, Cedar Rapids, IA 52402
- Lindale Mall — 4444 1st Ave NE, Cedar Rapids, IA 52402
- Coin Cloud Bitcoin ATM — 4444 1st Ave NE, Cedar Rapids, IA 52402
Frequently Asked Questions
What type of property is this?
Shopping center - Multiple lease configurations are available within a retail center anchored by Fareway and Dollar Tree.
Where is this shopping center located?
The property is located at 3611 1ST Avenue SE Unit 2 Cedar Rapids, IA.
What are key features of this property?
This property features: Fareway and Dollar Tree anchor the shopping center; 76,151‑square‑foot retail property built in 1956; Multiple suite sizes and configurations available for lease
