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Retail Space with Plumbing
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5350 Council Street NE Unit E, Cedar Rapids, IA 52402

Unit E includes substantial plumbing infrastructure suited to salon, spa, and other service-oriented retail uses.

Space SizeContact for details
Days on Market290

Property Features for 5350 Council Street NE Unit E

General Information

Standard status Active
Lease Term []

Building Details

Year Built 2015
Listing Agency: SKOGMAN REALTY COMMERCIAL,
Listed By: Michael Shaffer
Source: Cbhrealty
Added: Nov 12, 2025 Changed: Aug 29 Last Checked: Aug 29 at 11:06AM

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 SKOGMAN REALTY COMMERCIAL,

Investment Insights

Based on property information with market context.

Unit E is a retail space in a property built in 2015, with substantial plumbing infrastructure that can support salon, spa, and similar service-oriented retail configurations. The space is part of a retail setting with Subway and Oyama as co-tenants.

Located just west of Marcus Theatres on Council Street in Cedar Rapids, the property places the suite within an established commercial environment. The available unit is identified as 5350 Council Street NE, Unit E.

Key Highlights

  • Substantial plumbing infrastructure supports salon and spa configurations
  • Retail space built in 2015
  • Subway and Oyama are co‑tenants

Property Analytics

Current Use

Body Piercing By ... Tattoo & Piercing Shop Subway Take-out & Catering Neon Dragon Tattoo ... Tattoo & Piercing Shop Oyama Sushi & Steakhouse Restaurant Fancy Nails & Spa Nail Salon

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Electrical 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

882
Businesses Nearby

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

Market

Lease Benchmarks for Cedar Rapids, IA

$17.59 /SF/Yr
Avg Asking Price
$10–$33 /SF/Yr
Price Range
34,197 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Unit E includes substantial plumbing infrastructure suited to salon, spa, and other service-oriented retail uses.
Where is this retail space located?
The property is located at 5350 Council Street NE Unit E Cedar Rapids, IA.
What are key features of this property?
This property features: Substantial plumbing infrastructure supports salon and spa configurations; Retail space built in 2015; Subway and Oyama are co‑tenants
More about this property
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