Availability

The Roosevelt

200 1st Avenue Northeast
Neighborhood: Downtown Cedar Rapids

Building Overview

The Roosevelt is located in the heart of the downtown Cedar Rapids at the lighted intersection of 1st Avenue NE and 2nd Street NE. This historic property has been renovated to accommodate retail, restaurants, and office tenants on the first floor, with 95 residential rental units in the floors above. Current tenants include a convenience store.

For leasing inquiries, please call Jeremy Tipton with Iowa Realty at 319-378-6891 or at jtipton@iowarealty.com.

Leasing Information

Availability
Suite 110 – 2,387 sf
Suite 112 – 1,995 sf
Suite 115 – 5,254 sf
Suite 120 – 2,904 sf

Price / Net Rent
$8.00 – 10.00 psf NNN

Operating Expenses
$7.21 psf/year (CAM $2.84, Tax $3.82, Insurance $0.55)

General Location
The NEQ of 1st Ave NE and 2nd St SE on the northwest side of downtown Cedar Rapids

Use / Permitted Uses
Restaurant, retail or office space on first floor

Daytime Population
23,965 (1 mile) and 56,966 (3 miles)

Utilities
Separately metered and billed to Tenant

Access
Easy access to I-380. 1st Avenue NE is one of the primary east-west corridors through downtown

Parking
Parking ramp located directly contiguous to the building, and abundant metered on-street parking

Public Transportation
Located on Public Transit Bus route

Contacts

Leasing Contact:
Jeremy Tipton
, Iowa Realty
319-378-6891
jtipton@iowarealty.com

Management Contact:
Heather Nelson, Senior Commercial Property Manager
612-604-0863
hnelson@sherman-associates.com

 

Resources

Property Contact Form