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Property profile & analytics
OFF-MARKET
Power centers

4840 1St Ave Cedar Rapids, IA 52402

43,581 SF Built 2000
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 4840 1st Ave NE in Cedar Rapids, Iowa, within the highly visible Lindale Crossing power center. Built in 2000, this property boasts a total of 43,581 square feet, with 27,306 square feet currently available for lease. Spaces are divisible to a minimum of 2,250 square feet and can accommodate contiguous spaces up to 25,056 square feet, offering flexibility for various retail concepts. The center enjoys a strategic location at a high-traffic intersection in Cedar Rapids, experiencing 23,100 cars daily on First Avenue and 19,100 cars daily on Collins Road, ensuring significant visibility and customer exposure. Benefit from prominent signage along First Avenue. Lindale Crossing is anchored by established national tenants including Bed Bath & Beyond and PetSmart, and is complemented by a diverse mix of successful businesses such as Starbucks, Bruegger's Bagels, Orange Leaf Frozen Yogurt, H&R Block, Orangetheory Fitness, and Siebke-Hoyt Jewelers. The landlord is offering tenant improvement allowances for qualified tenants. This property presents a unique opportunity to establish or expand your retail presence in a thriving Cedar Rapids location. The property is located in Linn County, Iowa, zip code 52402.

Property profile
Verified
Property type Power centers
Year built 2000
Total area 43,581 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harbor Freight Tools Building Supply Hardware & Home Improvement
  • Reclaimed Wood Cedar Rapids Hardware & Home Improvement Home Decor Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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