Technical
Financial
Distress signals
Property profile

4840 1St Ave Cedar Rapids, IA 52402

OFF-MARKET
Neighborhood centers
43,544 SF 3.46 ac lot
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Property summary

AI-generated overview

This exceptional retail opportunity presents 9,000 square feet of vacant space within the highly visible Lindale Crossing shopping center in Cedar Rapids, Iowa. Located at 4840 1st Ave NE, zip code 52402, this single-tenant space is part of a larger 43,544 square foot strip center situated on a prominent 3.46-acre lot in Linn County. The property boasts an impressive 263 parking spaces, ensuring ample convenience for customers. Its prime location offers unparalleled visibility and accessibility, making it an ideal space for a variety of retail businesses seeking a strong presence in a thriving market. The existing infrastructure and established customer base of Lindale Crossing provide a solid foundation for immediate success. This is a rare chance to secure a significant retail footprint in one of Cedar Rapids' most desirable commercial areas. The property's strategic location and ample parking make it an attractive option for businesses seeking high foot traffic and easy customer access. The substantial lot size also offers potential for future expansion or development. This space is ready for immediate occupancy and presents a unique opportunity for a business to establish itself in a high-traffic retail environment. Contact us today to learn more about this exceptional retail space.

Property profile

Verified
Property type Neighborhood centers
Total area 43,544 SF
Lot 3.46 ac (150,718 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Hardware & Home Improvement
  • Hardware & Home Improvement Home Decor Store

Location

4840 1St Ave Cedar Rapids, IA 52402
Cedar Rapids metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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