319-675-1694
501 4th Ave SE, Cedar Rapids, IA for Rent

$8.50 USD /SF/yr

Retail - For Rent
1/42
1,437 SF | 1 Space

501 4th Ave SE
Cedar Rapids, IA 52401
Downtown Cedar Rapids


OVERVIEW

Ground-floor retail space available along 4th Avenue in one of Downtown Cedar Rapids’ newest mixed-use developments, Annex on the Square. The property offers exceptional vehicular and pedestrian access and is positioned directly across 5th Street from the Cedar Rapids Public Library, benefiting from strong daily traffic generated by the surrounding downtown core. This space represents the only retail opportunity within Annex on the Square, providing exclusive access to the 217 residential units and hundreds of on-site residents. The offering is well-suited for restaurant, health and wellness, financial services, and other service-oriented retail users seeking a built-in customer base. TI allowance could be available based on lease term and tenant financial qualifications. Downtown Cedar Rapids continues to experience significant development momentum, highlighted by several major projects, including the $275 million Cedar Crossing Casino (scheduled to open Q1 2027), the $30 million Guaranty Bank redevelopment, and Loftus Apartments, a $36 million mixed-use project featuring 186 apartment units with ground-floor retail along 3rd Street.

RENTAL DETAILS

SPACE AVAILABLE

1,437 SF

# OF SPACES

1

RENT/MONTH

$1,018 USD /mo

RENT RATE (MO)

$0.71 USD /SF/mo

RENT RATE (YR)

$8.50 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

224,000 SF

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169.2 SF

ZONING

UFD

ASK ABOUT THIS PROPERTY

319-675-1694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

319-675-1694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.