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Edgewood Plaza 341-425 Edgewood Rd NW 1,400 - 3,990 SF of Retail Space Available in Cedar Rapids, IA 52405
HIGHLIGHTS
- Excellent signage and visibility along multiple access points.
- Strategically located in densely populated NW residential neighborhoods.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 359-361 | 2,590 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $2,590 /MO $31,080 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 371 | 1,400 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $1,167 /MO $14,000 /YR | Triple Net (NNN) |
341-369 Edgewood Rd NW - 1st Floor - Ste 359-361
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
341-369 Edgewood Rd NW - 1st Floor - Ste 371
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT EDGEWOOD PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Edward Jones
- Finance Company
- 17,738
- International
- H&R Block
- Acctg/Tax Prep
- 13,501
- International
- Subway
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Edward Jones | Finance Company | 17,738 | International |
| H&R Block | Acctg/Tax Prep | 13,501 | International |
| Subway | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 3,990 SF | Frontage | 740’ on Edgewood Rd NW |
| Center Type | Neighborhood Center | Gross Leasable Area | 21,731 SF |
| Parking | 332 Spaces | Total Land Area | 6.00 AC |
| Stores | 24 | Year Built | 1988 |
| Center Properties | 1 | Cross Streets | SE corner w/ E Ave. NW |
| Total Space Available | 3,990 SF |
| Center Type | Neighborhood Center |
| Parking | 332 Spaces |
| Stores | 24 |
| Center Properties | 1 |
| Frontage | 740’ on Edgewood Rd NW |
| Gross Leasable Area | 21,731 SF |
| Total Land Area | 6.00 AC |
| Year Built | 1988 |
| Cross Streets | SE corner w/ E Ave. NW |
ABOUT THE PROPERTY
Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: • 1,400 to 2,590 SF contiguous available • Limited time offer: Free base rent with qualifying lease: 3 Months - 3 Year/6 Months - 5 Year • Prime NW Cedar Rapids retail location along the heavily traveled Edgewood Rd corridor • Co-tenants include: Subway, NutriSport, Sherwin Williams, Dollar General, Planet Fitness, Edward Jones, Farmers State Bank, and H&R Block • Excellent signage and visibility, along with multiple access points and abundant parking provide an ideal combination for retail• Strategic location provides access to the densely populated NW residential neighborhoods at an attractive rent • Parking Ratio 5.08/1,000 SF
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Edgewood Rd NW | Johnson Ave NW, S | 22,348 | 2022 | 0.11 mi |
| Johnson Ave NW | 32nd St NW, E | 8,515 | 2022 | 0.12 mi |
| E Ave NW | Vinton Rd NW, E | 2,896 | 2022 | 0.13 mi |
| Johnson Ave NW | Edgewood Rd NW, NE | 11,104 | 2022 | 0.15 mi |
| E Ave NW | Robyn Ln NW, W | 3,807 | 2022 | 0.17 mi |
| Edgewood Rd NW | Sunnydale St NW, S | 19,221 | 2022 | 0.21 mi |
| F Ave NW | Edgewood Rd NW, W | 6,374 | 2022 | 0.27 mi |
| Edgewood Rd NW | G Ave NW, N | 19,697 | 2022 | 0.29 mi |
| F Ave NW | Weaver Rd NW, W | 5,299 | 2022 | 0.31 mi |
| Johnson Ave NW | Wellesley Ct NW, SW | 8,748 | 2022 | 0.38 mi |
NEARBY MAJOR RETAILERS
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ADDITIONAL PHOTOS
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