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Freestanding Retail Building
For Lease
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465 Hwy 1 W #200, Iowa City, IA 52246

A flexible interior plan can accommodate office, restaurant, or retail operations.

Space SizeContact for details
Days on Market626

Property Features for 465 Hwy 1 W #200

General Information

Standard status Active
Zoning commercial

Taxes and HOA fees

Annual Taxes $14,538

Amenities

dedicated parking lot

Building Details

Year Built 1965
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Ryan O'Leary · License #S41249
Source: Kalonarealty
Added: Feb 6, 2025 Changed: Oct 24 Last Checked: Oct 24 at 3:36PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding retail building was constructed in 1965 and has a floorplan suited to office, restaurant, or retail use.

The property is located at 465 Hwy 1 W in Iowa City, with a dedicated parking lot and exposure to a high-traffic corridor.

Key Highlights

  • Freestanding commercial building built in 1965
  • Floorplan supports office, restaurant, or retail use
  • Dedicated parking lot

Property Analytics

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Current Use

MRS Appraisals L.C. Real Estate Agency Shag Iowa City (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Locksmith Accounting Firm 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

Location Intelligence

Trade Area within ½ mile

626
Businesses Nearby
344k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Iowa City, IA

$20.34 /SF/Yr
Avg Asking Price
$8–$38.84 /SF/Yr
Price Range
3,064 SF
Avg Space Size

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 - A flexible interior plan can accommodate office, restaurant, or retail operations.
Where is this retail space located?
The property is located at 465 Hwy 1 W #200 Iowa City, IA.
What are key features of this property?
This property features: Freestanding commercial building built in 1965; Floorplan supports office, restaurant, or retail use; Dedicated parking lot
More about this property
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