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    1940 Blairs Ferry Rd Hiawatha, IA 52233

    Sponsored
    For Lease
    $15 SF/Yr

    High-Visibility Retail Space in Iowa

    Lot size:
    154,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A retail power center, situated on an expansive 18-acre lot in Hiawatha, Iowa, presents a compelling investment opportunity. Comprising two single-story buildings totaling 154,000 square feet, this property offers multiple tenancy options with spaces ranging from a minimum of 932 square feet to a maximum contiguous space of 2,529 square feet. Currently, 7,646 square feet of space is available. Built in 2018, the property boasts excellent visibility at the intersection of Blairs Ferry Road and Edgewood Road NE, providing easy access to I-380 and Highway 100/Collins Road extension. The location is strategically positioned across from Cedar Rapids' NE quadrant, a rapidly growing residential and commercial area with the highest household income in the metro area. The property is zoned C-3 and is located in Linn County, Iowa, with the address being 1940 & 1950 Blairs Ferry Road, Hiawatha, IA 52233. This prime retail location offers significant potential for businesses seeking high visibility and access to a thriving consumer base. The property's modern design and convenient location make it an ideal choice for a variety of retail uses. The asking price is $15.95 - $16.95 per square foot, NNN.

    Property Features for 1940 Blairs Ferry Rd

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    154,000 SF
    Class
    A
    Total Rate
    204691.67

    Building Details

    Year Built
    2018
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 104 (Building 1A)
    Size
    2,073 SF
    Rate per SF
    $15
    Space
    Suite 110 (Building 1A)
    Size
    2,529 SF
    Rate per SF
    $15
    Space
    Suite 102 (Building 1B)
    Size
    2,112 SF
    Rate per SF
    $16
    Space
    Suite 112 (Building 1A)
    Size
    932 SF
    Rate per SF
    $15

    HighLights

    • High‑visibility corner lot at Edgewood Rd NE and Blairs Ferry Rd.
    • High traffic counts ensure strong visibility.
    • Property situated in a desirable demographic area.
    • Convenient access to major roadways, Hwy 100/Collins Rd and I‑380.
    • Tenant improvement allowance offered by landlord.
    Property Profile Location Intelligence

    Current Use by Public Records

    UnityPoint Clinic - Express ... Walk-In Clinic Carly Roskop, NP Nurse Practitioner Rachel Blackford, ARNP Nurse Practitioner Mackenzie J. VanRees, ... Physician Assistant Tamara Meier, ARNP Nurse Practitioner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hiawatha
    County
    Linn
    State
    Iowa
    Longitude
    -91.6672468
    Latitude
    42.0350141

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    FAQs

    What type of property is this?
    Power center - High-Visibility Retail Space in Iowa
    Where is this power center located?
    The property is located at 1940 Blairs Ferry Rd Hiawatha, IA.
    What is the lease rate?
    The lease rate is $15-$16 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner lot at Edgewood Rd NE and Blairs Ferry Rd.; High traffic counts ensure strong visibility.; Property situated in a desirable demographic area.
    Request Owner's contact information
    1940 Blairs Ferry Rd Hiawatha, IA 52233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1940 Blairs Ferry Rd Hiawatha, IA 52233
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