4341 1st SE Ave 17, Cedar Rapids, IA 52402-3154
This exceptional Cedar Rapids commercial property, located at 4341 1st Avenue SE, offers 450-900 square feet of first-floor office/retail space available for lease. Situated within the Glenbrook Centre, a mixed-use complex combining commercial and residential units, this space benefits from a high-traffic location near Lindale Mall and the intersection of Highway 100/Collins Road extension, experiencing over 29,000 vehicles daily. The building, constructed in 1978, is a three-story Class B property with a total of four suites. This particular space boasts a 10-foot ceiling height and is part of a multiple-tenancy building. The property features monument signage on 1st Avenue, providing excellent visibility for your business. A total of 2,700 square feet is currently vacant. The property is zoned S-MU and is located in Linn County, Iowa, with the APN 140245300400000. The lease is a straightforward gross lease structure. This is an ideal opportunity for businesses seeking high visibility and accessibility in a thriving Cedar Rapids location. The property's location ensures maximum exposure to a large daily traffic volume.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.