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    2870 Edgewood Rd Cedar Rapids, IA 52404

    For Lease
    $35 SF/Yr ($17,896 /Mo)

    High-traffic retail space, 3,592 sq ft.

    Lot size:
    6,136 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3,592 square foot retail space presents a remarkable sublease opportunity within a vibrant Westdale outparcel. Strategically located at the corner of Edgewood Rd SW and 29th Ave SW, this property boasts unparalleled visibility, benefiting from a daily traffic count exceeding 41,000 vehicles. The open-concept layout offers maximum flexibility for a variety of retail uses. The building, constructed in 2017, is a single-story structure totaling 6,136 square feet, situated on a 1.08-acre lot. Ample on-site parking ensures convenient access for customers and employees. The property is zoned for Suburban Mixed Use Regional Center, allowing for diverse business applications. This prime location benefits from the proximity of established businesses such as Caribou Coffee and Einstein Bros Bagels, creating a synergistic environment and attracting a high volume of foot traffic. The APN is 13364-76052-00000. This is a rare opportunity to secure a highly visible and accessible retail space in a thriving commercial area. Don't miss out on this chance to establish your business in a prime location.

    Property Features for 2870 Edgewood Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,136 SF
    Total Rate
    17896.67

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 200
    Size
    3,592 SF
    Rate per SF
    $35

    HighLights

    • 6,136 SF retail building on 1.08 acres.
    • 3,592 SF of vacant retail space available for sublease.
    • Located at 2870 Edgewood Rd SW, corner of Edgewood Rd SW & 29th Ave SW.
    • High visibility with over 41,000 cars daily.
    • Neighboring tenants include Caribou Coffee & Einstein Bros Bagels.
    • Ample on‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Caribou Coffee Coffee Shop Midwest Mattress Mattress Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.71700984
    Latitude
    41.94939977

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 3,592 sq ft.
    Where is this retail property located?
    The property is located at 2870 Edgewood Rd Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 6,136 SF retail building on 1.08 acres.; 3,592 SF of vacant retail space available for sublease.; Located at 2870 Edgewood Rd SW, corner of Edgewood Rd SW & 29th Ave SW.
    Request Owner's contact information
    2870 Edgewood Rd Cedar Rapids, IA 52404
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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
    2870 Edgewood Rd Cedar Rapids, IA 52404
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