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Retail Suite in Multi-Tenant Center
For Lease
$12 SF/Yr

5350 SW Kirkwood Blvd #3, Cedar Rapids, IA 52404

The former restaurant space includes one restroom and shares a center with food, orthodontic, eye care, and pediatric dental tenants.

Space SizeContact for details
Days on Market353

Property Features for 5350 SW Kirkwood Blvd #3

General Information

Standard status Active
Zoning COM

Additional Details

Anchor Co-Tenants Pancheros Mexican Grill, Parks & Schmit Orthodontics, Corridor Family Eyecare, Iowa Pediatric Dental Center

Taxes and HOA fees

Annual Taxes $78,366

Building Details

Year Built 2012
Tenancy Multi
Listing Agency: Cushman & Wakefield Iowa Commercial Advisors
Listed By: Ryan Fitzpatrick
Source: Kalonarealty
Added: Nov 6, 2025 Changed: Oct 24 Last Checked: Oct 24 at 3:06PM

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 Cushman & Wakefield Iowa Commercial Advisors

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Investment Insights

Based on property information with market context.

Suite 3 is retail space configured for restaurant use, with one restroom. The property was built in 2012 and is zoned COM.

The center is directly across from Kirkwood Community College, which serves over 13,000 students. It is south of the Hwy 30 exit at a signalized intersection. Co-tenants include Pancheros Mexican Grill, Parks & Schmit Orthodontics, Corridor Family Eyecare, and Iowa Pediatric Dental Center. The property is within the College Community School District, serving over 5,800 students and staff.

Key Highlights

  • Former restaurant suite with one restroom
  • Across from Kirkwood Community College, serving over 13,000 students
  • Signalized intersection south of the Hwy 30 exit

Property Analytics

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Current Use

Iowa Pediatric Dental ... Dental Office Robert T. Kingus, ... Physician Corridor Family Eyecare Physician New Day Nutrition, ... (Bike/Boat/Book/etc) Store Pancheros Mexican Grill ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
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Market

Lease Benchmarks for Cedar Rapids, IA

$16.48 /SF/Yr
Avg Asking Price
$9–$21 /SF/Yr
Price Range
47,515 SF
Avg Space Size

This space is priced 27% below the average of $16.48 /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?
Retail space - The former restaurant space includes one restroom and shares a center with food, orthodontic, eye care, and pediatric dental tenants.
Where is this retail space located?
The property is located at 5350 SW Kirkwood Blvd #3 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Former restaurant suite with one restroom; Across from Kirkwood Community College, serving over 13,000 students; Signalized intersection south of the Hwy 30 exit
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