Businesses and tenants will delight in the unique ground lease opportunity now available at 1350 Blairs Ferry Road NE in Cedar Rapids, Iowa.
The 1.17-acre site, centrally located in the city’s vibrant northeast commercial district, offers tenants high visibility and exposure with approximately 24,000 vehicles passing daily on Blairs Ferry Road. The existing structure is being demolished at the owner’s expense, providing a fully cleared site ready for immediate development. Tenants will benefit from a prominent =/-290 feet of frontage along the Rockwell Collins office driveway and +/-172 feet of frontage on Blairs Ferry Road, with a single access point for convenient ingress and egress.
The property features an annual base rent of $120,000, a 10-year primary lease term, and flexible extension options to support long-term growth. Zoned S-MC (Suburban Mixed Use Community Center), the site accommodates a wide range of commercial uses, making it ideal for retailers, service providers, or redevelopment initiatives. Its location near busy national brands, which drives significant foot traffic and consumer activity, further enhances tenant potential.
Positioned at the northeast corner of Council Street and Blairs Ferry Road, the property enjoys seamless connectivity to major regional routes, including Collins Road/State Route 100 and Interstate 380, ensuring efficient travel throughout Cedar Rapids and beyond. The surrounding area boasts a population of roughly 139,365 within a 5-mile radius and an average household income of $103,785, offering a strong demographic base for business success. With its strategic location, flexible zoning, and solid market fundamentals, this ground lease presents a compelling opportunity for tenants seeking a land lease in a high-demand corridor.
