Search
High-Visibility Shopping Center For Rent
For Lease
Contact for pricing

4840 1st Ave NE, Cedar Rapids, IA 52402

Prime retail space in a high-traffic shopping center.

Space Size2,250 SF - 25,056 SF
Property Size43,581 SF
Days on Market209

Property Features for 4840 1st Ave NE

General Information

Standard status Active
Size 2,250 SF - 25,056 SF
Property subtype Retail - Power Center

Building Details

Building Size 43,581 SF
Year Built 2000
Year Renovated 2022

Spaces For Lease

at 4840 1st Ave NE Contact us

4840 1st Ave NE Immediate

Size 10,000-25,056 SF
Type Power Center
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
Contact us

4854 1st Ave NE $21/SF/Yr

Size 2,250 SF
Type Power Center
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: NAI Iowa Realty Commercial
Listed By: Jeremy Tipton, CCIM · License #B59800000
Source: Commercialcafe
Added: Mar 26 Changed: Oct 8 Last Checked: Oct 19 at 4:17AM

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 NAI Iowa Realty Commercial

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This shopping center offers a fantastic high-visibility location at a prominent retail corner. The property is located in Cedar Rapids, Iowa.

Key Highlights

  • Strongest retail corner in the metro
  • High‑visibility shopping center

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Harbor Freight Tools Building Supply Reclaimed Wood Cedar ... Hardware & Home Improvement

Suggested Use

Top Pick Plumbing Service Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Catering Service

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

1,197
Businesses Nearby
Well-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cedar Rapids, IA

$15 /SF/Yr
Avg Asking Price
$7–$21 /SF/Yr
Price Range
26,241 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

Similar Off Market Nearby

  • Northland Square — 367 Collins Rd NE, Cedar Rapids, IA 52402
  • Proactiv Kiosk — 4444 1st Ave NE, Cedar Rapids, IA 52402
  • Lindale Mall — 4444 1st Ave NE, Cedar Rapids, IA 52402
  • Coin Cloud Bitcoin ATM — 4444 1st Ave NE, Cedar Rapids, IA 52402
  • Collins Road Square — 1400 Twixt Town Rd, Marion, IA 52302

Frequently Asked Questions

What type of property is this?
Shopping center - Prime retail space in a high-traffic shopping center.
Where is this shopping center located?
The property is located at 4840 1st Ave NE Cedar Rapids, IA.
What are key features of this property?
This property features: Strongest retail corner in the metro; High‑visibility shopping center
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again