For Lease
$6-$15.95 /SF/YR

151 1St Ave Cedar Rapids, IA 52404

Cedar Rapids, IA: Prime Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
130
This Class A, five-story retail building at 151 1st Ave SW in Cedar Rapids, IA, offers 100,000 square feet of versatile space, perfect for restaurants and boutiques. Located within the Kingston Yard master-planned development in the heart of Kingston Village District, this property boasts a prime location designed to attract significant foot traffic. The building features 12 suites, ranging from 917 to 12,154 contiguous square feet, with 17,334 square feet currently vacant. Built in 2024, the property sits on a 7.7-acre lot (335,412 sq ft) and includes elevators. The "vanilla box" spaces allow for complete tenant customization, with tenant improvement allowances available for retail and office spaces. A permanent parking structure is slated for completion by Summer 2025. The property is zoned U-DC and benefits from the development's unique amenities, attracting numerous visitors annually. Base rent is subject to annual increases. This is an exceptional opportunity for businesses seeking a high-visibility location in a thriving mixed-use development. Contact for buildout specifications and details on tenant improvement allowances.

Highlights

  • Mixed-use development in downtown Cedar Rapids.
  • High visibility from Interstate 380.
  • Anchored by Pickle Palace, Big Grove Brewery, and a future upscale hotel.
  • On-site parking structure complete July 2025.
  • Offers premium amenities including a pool and social spaces.

Property Details for 151 1St Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
100,000 SF
Class
A
Year Built
2024
Buildings
1
Stories
5

Unit(s) available at that property

Space
Suite 110
Size
917 SF
Rate per SF
$15.95
Space
Suite 116
Size
3,068 SF
Rate per SF
$15.95
Space
Suite 202
Size
13,318 SF
Rate per SF
$6
Space
1st and 2nd Floors
Size
29,523 SF
Rate per SF
$15.95
Space
Entire 2nd Floor
Size
20,630 SF
Rate per SF
$6
Space
Suite 201
Size
2,302 SF
Rate per SF
$6
Space
Suite 114
Size
2,883 SF
Rate per SF
$15.95

Location Insight

City
Cedar Rapids
County
Linn
State
Iowa
Latitude
41.976306892011
Longitude
-91.673593760221
151 1St Ave, Cedar Rapids, Iowa

FAQs

What type of property is this?
Retail property - Cedar Rapids, IA: Prime Retail Opportunity
Where is the retail property located?
The property is located at 151 1St Ave Cedar Rapids, IA.
What is the lease rate?
The lease rate is $6-$15.95 /SF/YR.
What are key features of this property?
This property features: Mixed-use development in downtown Cedar Rapids.; High visibility from Interstate 380.; Anchored by Pickle Palace, Big Grove Brewery, and a future upscale hotel.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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151 1St Ave
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