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Anchored Shopping Center
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3611 1st Ave SE Unit 2 9 21, Cedar Rapids, IA 52402

Fareway and Dollar Tree anchor the center, with multiple suite configurations and flexible lease structures available.

Property SizeContact for details
Days on Market771

Property Features for 3611 1st Ave SE Unit 2 9 21

General Information

Standard status Active
Property subtype General Commercial

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Central Air
3
Concrete
Close To Shops, Country Road, Paved Road.

Building Details

Year Built 1956
Listing Agency: Q4 Real Estate
Listed By: Craig Byers · License #S61123000
Source: Xome
Added: Jul 23, 2024 Changed: Aug 30 Last Checked: Aug 31 at 2:30PM

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

Investment Insights

Based on property information with market context.

This shopping center at 3611 1st Ave SE in Cedar Rapids includes multiple suites ranging from 589 to 2,700 SF. Fareway and Dollar Tree serve as the property’s anchors, while available spaces offer different sizes and configurations. Central air is among the interior features, and the center was built in 1956.

The property fronts 1st Avenue, where traffic counts exceed 25,000 vehicles daily. It is near the Collins Road and Highway 100 retail hub, downtown Cedar Rapids, I-380 on and off ramps, and the Newbo District. Available lease structures include NNN and gross options.

Key Highlights

  • Anchored by Fareway and Dollar Tree
  • Suite sizes range from 589 - 2,700 SF
  • Traffic counts exceed 25,000 vehicles daily on 1st Avenue

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Repair Shop Building Supply Restaurant Auto Parts Store Hair Salon Spa & Massage Center

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

39
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Fareway and Dollar Tree anchor the center, with multiple suite configurations and flexible lease structures available.
Where is this shopping center located?
The property is located at 3611 1st Ave SE Unit 2 9 21 Cedar Rapids, IA.
What are key features of this property?
This property features: Anchored by Fareway and Dollar Tree; Suite sizes range from 589 - 2,700 SF; Traffic counts exceed 25,000 vehicles daily on 1st Avenue
More about this property
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