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

$1,018 USD/MO

Apartments For Lease  •  1,437 SF

Property Details

  • Property Type Apartments
  • Year Built 2024
  • Total Building Size 224,000 SF
  • Building Class B
  • Zoning UFD
70 Transit Score
70 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 101 Retail 1,437 SF $8.50 USD/SF/YR
Ground-floor retail space available along 4th Avenue in one of Downtown Cedar Rapids’ newest mixed-use developments, Annex on the Square.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

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.

Property Flyers

Amenities

  • Air Conditioning
  • Business Center
  • Dishwasher
  • Disposal
  • Fitness Center
  • Picnic Area
  • Pool
  • Property Manager on Site
  • Washer/Dryer
  • Gated
  • Heating
  • Ceiling Fans
  • Bicycle Storage
  • Elevator
  • Patio

Public Transportation

AirportDriveWalkDistance
The Eastern Iowa 16 min - 9.7 mi
Tiffany Earl-Williams 319-675-1694 WSG CRE
Tiffany Earl-Williams 319-675-1694 WSG CRE