High-Visibility Shopping Center For
For Lease
Contact for pricing
4840 1st Ave NE, Cedar Rapids, IA 52402
Prime retail space in a high-traffic shopping center.
Space Size9,000 SF
Property Size43,544 SF
Days on Market795
Property Features for 4840 1st Ave NE
General Information
Standard status
Active
Size
9,000 SF
Class
A
Total Parking Spaces
263
Property subtype
Retail
Lease Type
Gross
Building Details
Building Size
43,544 SF
Tenancy
Single
Spaces For Lease
at 4840 1st Ave NE Contact us- Size
- 9,000 SF
- Type
- Retail
- Lease Type
- Gross
- Availability
- Active
Available Space
Listing Agency:
Buyers Realty, Inc
Listed By:
Jeff Daniels · License #IA B35827000
Source:
Crexi
Added: Jul 2, 2024
Changed: Aug 22
Last Checked: Aug 30 at 4:53PM
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 Buyers Realty, Inc
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
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$15.14 /SF/Yr
Avg Asking Price
$7–$21 /SF/Yr
Price Range
38,104 SF
Avg Space Size
This space is priced 52% above the average of $15.14 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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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 is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Strongest retail corner in the metro; High‑visibility shopping center
