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Mixed-Use Development Shell Space
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916 16th St NE, Cedar Rapids, IA 52402

Shell space for lease in mixed-use development.

Space Size5,685 SF
Days on Market1533

Property Features for 916 16th St NE

General Information

Standard status Active
Size 5,685 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 5,685 SF
Year Built 2022
Tenancy Multiple

Spaces For Lease

at 916 16th St NE Contact us

Suite 100

Size
5,685 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Q4 Real Estate
Listed By: Craig Byers · License #IA S61123000
Source: Crexi
Added: Jun 1, 2022 Changed: Aug 8 Last Checked: May 12 at 9:55PM

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 Q4 Real Estate

Investment Insights

Based on property information with market context.

Shell space is available for lease within The Hub, a mixed-use development located in the Mt. Mercy University and Coe College District. The space is suitable for office, retail, and service-based businesses. The Hub is situated in a neighborhood with restaurants, grocery stores, and other service-based tenants, and offers convenient access to I-380. The development will also feature 186 market-rate apartment units for rent. The lease rate is introductory and subject to annual increases.

Key Highlights

  • Prime location in the heart of the Mt. Mercy University and Coe College District.
  • Mixed‑use development with 186 market‑rate apartment units and commercial space.
  • Suitable for office, retail, and service‑based businesses.

Property Analytics

Current Use

Cedar Rapids Inc Industrial Manufacturer

Suggested Use

Top Pick HVAC Service Real Estate Agency Bakery Furniture & Home Goods Acupuncture Barber Shop

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

734
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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Shell space for lease in mixed-use development.
Where is this mixed-use property located?
The property is located at 916 16th St NE Cedar Rapids, IA.
What are key features of this property?
This property features: Prime location in the heart of the Mt. Mercy University and Coe College District.; Mixed‑use development with **186 market‑rate apartment units** and commercial space.; Suitable for office, retail, and service‑based businesses.
(319) 360-7017 Call to check price and availability
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