Retail Space in Cedar
For Lease
$18 SF/Yr
4651 SE 1st Ave, Cedar Rapids, IA 50402
Built-out retail space in a vibrant shopping center.
Space SizeContact for details
Days on Market1012
Property Features for 4651 SE 1st Ave
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
S-MR
Lease Type
Net
Taxes and HOA fees
Annual Taxes
$8,300
Amenities
ConcreteSlabGrade
ZeroStepEntry
Irregular
9.03
CountyRoad,Paved
Building Details
Year Built
2009
Listing Agency:
Realty87
(319) 393-0900
Listed By:
Lisa Coots-Schooley
(641) 781-0867
Source:
Pinnaclerealtyia
Added: Dec 19, 2023
Changed: Sep 24
Last Checked: Sep 24 at 8:20AM
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 Realty87
Investment Insights
Based on property information with market context.
A fully built-out retail space is available at Marketplace on First, situated in the center of Cedar Rapids' commercial area. This location is positioned at the intersection of 1st Ave SE and Collins Road/Highway 100, within a 700,000 square foot outdoor shopping center. The center benefits from high visibility and traffic counts, serving as a core retail hub near Lindale Mall. The shopping center's design aims to enhance the shopping experience, encouraging customers to spend time and explore the various retail options. Current businesses in the center include Dick’s Sporting Goods, ULTA, Home Depot, Granite City, AT&T, Pancheros, Cold Stone Creamery, Spare Time, and Red Robin. Tenant improvement allowances are negotiable to customize the space to align with specific brand requirements and business goals.
Key Highlights
- Prime location at the intersection of 1st Ave SE & Collins Road/Highway 100.
- Located within a 700,000 square foot outdoor shopping center.
- High visibility and the highest traffic counts in the county.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Cedar Rapids, IA
$16.21 /SF/Yr
Avg Asking Price
$9–$21 /SF/Yr
Price Range
49,801 SF
Avg Space Size
This space is priced 11% above the average of $16.21 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Built-out retail space in a vibrant shopping center.
Where is this retail space located?
The property is located at 4651 SE 1st Ave Cedar Rapids, IA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime location at the intersection of 1st Ave SE & Collins Road/Highway 100.; Located within a 700,000 square foot outdoor shopping center.; High visibility and the highest traffic counts in the county.
