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Retail Space at Lindale Crossing
For Lease
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4840 1st Ave NE, Cedar Rapids, IA 52402

2,250 SF retail space in a busy shopping center.

Space Size2,250 SF - 25,056 SF
Property Size43,581 SF
Days on Market1114

Property Features for 4840 1st Ave NE

General Information

Standard status Active
Size 2,250 SF - 25,056 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 43,581 SF
Year Built 2000
Tenancy Multiple

Spaces For Lease

at 4840 1st Ave NE Contact us

4840 1st Ave NE

Size
25,056 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4854 1st Ave NE

Size
2,250 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Iowa Realty Commercial - Cedar Rapids
Listed By: Jeremy Tipton · License #IA B59800000
Source: Crexi
Added: Aug 18, 2023 Changed: Aug 28 Last Checked: Sep 2 at 8:24PM

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 NAI Iowa Realty Commercial - Cedar Rapids

Investment Insights

Based on property information with market context.

This 2,250 square foot retail space, formerly an H&R Block office, is available for lease at Lindale Crossing Shopping Center. The space includes men's and women's restrooms. Signage opportunities are available along First Avenue, which sees high traffic at the intersection with Collins Road, with 23,100 cars per day along First Avenue and 19,100 cars per day along Collins Road. The shopping center is anchored by Harbor Freight Tools and Petsmart, and includes Starbucks, Bruegger’s Bagels, Orange Leaf Frozen Yogurt, H&R Block, Orangetheory Fitness, and Siebke-Hoyt Jewelers. Bed Bath & Beyond space is also available. Lindale Crossing Shopping Center is located on the northeast intersection of 1st Ave NE and Collins Rd NE. Landlord will amortize Tenant Improvements for qualified tenants.

Key Highlights

  • High‑traffic location at the intersection of First Avenue and Collins Road (23,100 & 19,100 cars per day respectively).
  • Located in Lindale Crossing Shopping Center.
  • Anchored by Harbor Freight Tools and Petsmart.

Property Analytics

Current Use

Harbor Freight Tools Building Supply Reclaimed Wood Cedar ... Hardware & Home Improvement

Suggested Use

Top Pick Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Catering 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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,197
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

$16.93 /SF/Yr
Avg Asking Price
$9–$42 /SF/Yr
Price Range
49,945 SF
Avg Space Size

This space is priced 24% above the average of $16.93 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 2,250 SF retail space in a busy shopping center.
Where is this retail space located?
The property is located at 4840 1st Ave NE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: High‑traffic location at the intersection of First Avenue and Collins Road (23,100 & 19,100 cars per day respectively).; Located in Lindale Crossing Shopping Center.; Anchored by Harbor Freight Tools and Petsmart.
(319) 363-2337 Call to check price and availability
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