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Storefront Retail Space
For Lease
$550/Mo

459 Highway 1 W, Iowa City, IA 52246

The space is offered under a gross-lease structure.

Space Size438 SF
Days on Market275

Property Features for 459 Highway 1 W

General Information

Standard status Active
Size 438 SF
Net Rentable 438 SF
Zoning Commercial
Lease Type Gross

Space & Availability

Available Space 438 SF
Contiguous Space 438 SF

Lease Terms

Lease Rate $550 /MO
Total Rate $550
Monthly Rent $550
Rent per SF/Year $15.07

Building Details

Year Built 1983
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Ryan O'Leary · License #S41249
Source: Kalonarealty
Added: Jan 23 Changed: Oct 24 Last Checked: Oct 24 at 3:26PM

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

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Investment Insights

Based on property information with market context.

This 438-square-foot retail storefront is located at 459 Highway 1 W in Iowa City. The building was constructed in 1983, and the space is available under a gross-lease arrangement.

Key Highlights

  • 438 square feet of storefront retail space
  • 459 Highway 1 W, Iowa City, IA 52246
  • Commercial zoning

Property Analytics

Current Use

All Right Accounting Tax Preparation

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Accounting Firm Locksmith Carpet & Flooring Store Clothing & Fashion 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
$2.26 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

626
Businesses Nearby
344k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Superstores 26% Shops & Services 14% Groceries 8%
Walmart Superstores
88,081 visits/mo 0.3 miles
McDonald's Dining
37,057 visits/mo 0.4 miles
Aldi Groceries
28,506 visits/mo 0.2 miles
Culver's Dining
26,507 visits/mo 0.2 miles
Kum & Go Shops & Services
26,219 visits/mo 0.4 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

$23.18 /SF/Yr
Avg Asking Price
$14.28–$38.84 /SF/Yr
Price Range
3,658 SF
Avg Space Size

This space is priced 35% below the average of $23.18 /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?
Storefront property - The space is offered under a gross-lease structure.
Where is this storefront property located?
The property is located at 459 Highway 1 W Iowa City, IA.
What is the lease rate?
The lease rate is $550/Mo.
What are key features of this property?
This property features: 438 square feet of storefront retail space; 459 Highway 1 W, Iowa City, IA 52246; Commercial zoning
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