Cedar Rapids, Iowa, is an attractive location for Retail Space, offering a unique blend of small-town charm and big-city amenities. With a population of around 140,000, Cedar Rapids provides an ideal setting for businesses to thrive. The city's strong economy, fueled by major industries like manufacturing, healthcare, and information technology, creates a high demand for Retail Space. Additionally, Cedar Rapids is home to several major corporations, including Rockwell Collins, Transamerica Corporation, and General Mills, which contributes to the city's economic vitality. The city's infrastructure, including the Eastern Iowa Airport, major highways, and a network of railroads, makes it an ideal location for businesses that require easy transportation access. Furthermore, Cedar Rapids boasts a rich cultural scene, with various museums, theaters, and art centers, making it an attractive destination for tourists and locals alike.
With 23 Retail Space listings available for lease, Cedar Rapids offers a wide range of options for businesses looking to establish a presence in the city. The average annual rent per square foot for Retail Space in Cedar Rapids is $15 USD, with sizes ranging from 214 square feet to 80,000 square feet. In addition to Retail Space, Cedar Rapids also offers a variety of other property types, including Restaurants, which can be found in the city's vibrant downtown area, Medical Offices, which are often located near the city's two major hospitals, and Office Space, which can be found in various locations throughout the city. Overall, Cedar Rapids provides a unique combination of economic vitality, cultural attractions, and infrastructure, making it an attractive location for businesses looking to establish a presence in the Midwest.
What is the average cost per square foot for retail space in Cedar Rapids?
The average cost per square foot for retail space in Cedar Rapids is $15 USD per square foot, with an average size of 7,966 square feet and a maximum space size of 80,000 square feet available among the 23 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
An anchor tenant, such as a large department store or grocery chain, can significantly impact surrounding retail space leases in Cedar Rapids, Iowa, as they often attract a high volume of foot traffic, increasing visibility and desirability for nearby retailers, which can lead to higher lease rates and a more competitive market, with 23 available listings of retail space, averaging $15 USD per square foot, and ranging in size from 7,966 square feet to 80,000 square feet.
