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Retail Space with Display Windows
For Lease
$15 SF/Yr

408 1st Ave, Coralville, IA 52241

Commercial premises include a rear storage room with sinks and private restrooms.

Space SizeContact for details
Days on Market1023

Property Features for 408 1st Ave

General Information

Standard status Active
Zoning Commercial

Space & Availability

Space Use Retail
Available From Immediate

Amenities

display windows
storage room
sinks
private bathrooms
monument sign
free parking
Elevator

Building Details

Year Built 1993
Listing Agency: Blank & McCune Real Estate
Listed By: Teresa Morrow · License #B35393000
Source: Kalonarealty
Added: Jan 12, 2024 Changed: Oct 29 Last Checked: Oct 29 at 2:37PM

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 Blank & McCune Real Estate

Rey
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Investment Insights

Based on property information with market context.

This retail space offers a customer-facing area with display windows, plus a rear storage room equipped with sinks and private bathrooms. The building dates to 1993 and is zoned Commercial.

Located at 408 1st Ave in Coralville, the property has a monument sign visible from 1st Ave and ample free parking. The space is available immediately.

Key Highlights

  • Retail area with display windows
  • Rear storage room has sinks; private bathrooms included
  • Monument sign offers visibility from 1st Ave

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Grocery & Convenience Store HVAC Service Storage Facility Garden Center (Bike/Boat/Book/etc) 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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby
144k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 27% Hotels & Casinos 6% Beauty & Spa 1%
Kum & Go Shops & Services
20,963 visits/mo 0.3 miles
McDonald's Dining
20,527 visits/mo 0.3 miles
Panera Bread Dining
18,627 visits/mo 0.3 miles
Freddy's Frozen Custard & Steakburgers Dining
13,890 visits/mo 0.5 miles
Dunkin' Donuts Dining
11,554 visits/mo 0.5 miles

Demographics for 52241, IA

22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value

Market

Lease Benchmarks for Coralville, IA

$22.66 /SF/Yr
Avg Asking Price
$10–$40 /SF/Yr
Price Range
6,194 SF
Avg Space Size

This space is priced 34% below the average of $22.66 /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

Frequently Asked Questions

What type of property is this?
Retail space - Commercial premises include a rear storage room with sinks and private restrooms.
Where is this retail space located?
The property is located at 408 1st Ave Coralville, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Retail area with display windows; Rear storage room has sinks; private bathrooms included; Monument sign offers visibility from 1st Ave
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