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Suite 602 4444 1st Ave NE 5,500 SF of Retail Space Available in Cedar Rapids, IA 52402
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 602 | 5,500 SF | Negotiable | $21.50 /SF/YR $1.79 /SF/MO $231.42 /m²/YR $19.29 /m²/MO $9,854 /MO $118,250 /YR | Modified Gross |
1st Floor, Ste 602
Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: 4444 1st Ave NE Suite 602, Cedar Rapids, IA 52402 For sublease: $21.50/SF modified gross This 5,500 SF former restaurant space is found within Lindale Mall, one of the largest shopping centers in Cedar Rapids, IA. The location is right off of a major roadway (Collins Rd) and has ample parking in front of the suite. The property is surrounded by multiple national and local retailers that draw consistent traffic to the area. Surrounding retailers include 7Brew, McDonalds, Planet Fitness, Chick Fil A, Five Guys, Chipotle, Cheddars, and many more. Suite 602 is fully built out and includes the below: - built-out kitchen with a large hood system - two walk-in coolers - 2 built-out restrooms - furniture and restaurant equipment can be included - contact agent for further details
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Freezer Space
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 Suite 602
- Tenant
- Description
- US Locations
- Reach
- Cheddar's Scratch Kitchen
- Restaurant
- 189
- National
- Dry Goods
- Ladies' Apparel
- 101
- National
- Iowa Works
- Other Services
- 10
- Regional
- Maurices
- Ladies' Apparel
- 1,048
- International
- Play It Again Sports
- Sporting Goods
- 381
- International
- Von Maur
- Dept Store
- 51
- National
| Tenant | Description | US Locations | Reach |
| Cheddar's Scratch Kitchen | Restaurant | 189 | National |
| Dry Goods | Ladies' Apparel | 101 | National |
| Iowa Works | Other Services | 10 | Regional |
| Maurices | Ladies' Apparel | 1,048 | International |
| Play It Again Sports | Sporting Goods | 381 | International |
| Von Maur | Dept Store | 51 | National |
Property Facts
| Total Space Available | 5,500 SF | Total Land Area | 33.78 AC |
| Property Type | Retail | Year Built/Renovated | 1960/1997 |
| Property Subtype | Storefront | Parking Ratio | 4.99/1,000 SF |
| Gross Leasable Area | 444,586 SF |
| Total Space Available | 5,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 444,586 SF |
| Total Land Area | 33.78 AC |
| Year Built/Renovated | 1960/1997 |
| Parking Ratio | 4.99/1,000 SF |
Features and Amenities
- Food Court
- Restaurant
- Signage
- Kiosk/Cart Space
- Enclosed Mall
Nearby Major Retailers
Contacts
-
Ryan Fitzpatrick -
Parker Ridge -
Cushman & Wakefield | Iowa Commercial Advisors
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Suite 602 | 4444 1st Ave NE
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