1350 Blairs Ferry Rd NE, Cedar Rapids, IA 52402

Premier Ground Lease Opportunity: 1350 Blairs Ferry Road NE, Cedar Rapids, Linn County, Iowa Seize this outstanding ground lease prospect on a prime ±1.17-acre (±50,750 SF) site in the heart of Cedar Rapids, Iowa. The existing building is being demolished at the owner's expense, providing a fully cleared and versatile canvas for your development plans. This attractive lease arrangement includes an annual base rent of $120,000, a 10-year primary term, and flexible extension options designed to foster sustained business expansion.

Ideal for owner-operators or savvy investors, this property offers unparalleled visibility and exposure next to a bustling McDonald’s quick-service restaurant.

Featuring a single access point for ingress and egress, the site boasts 290 feet of prominent frontage along the eastern boundary of the Rockwell Collins office driveway and 172.5 feet along the northern edge of Blairs Ferry Road, which experiences approximately 24,000 vehicles daily (VPD). Zoned S-MC for Suburban Mixed Use Community Center, it accommodates a wide array of commercial applications, offering flexibility for diverse tenants or redevelopment initiatives.

Nestled in the vibrant Blairs Ferry Road commercial district of northeast Cedar Rapids—a hub for retail and services—the property sits in the northeast corner of Council Street (±15,420 VPD) and Blairs Ferry Road, immediately adjacent to McDonald’s. It enjoys seamless connectivity to major arteries like Collins Road/State Route 100 (±30,808 VPD) and I-380 (±38,908 VPD), two of the area's most trafficked routes. I-380 ensures efficient north-south travel throughout the Cedar Rapids metropolitan area and connects directly to Interstate 80 about 20 miles south, enabling easy access to Iowa City, Des Moines, and surrounding regions. The local trade area is enriched by a dynamic lineup of national brands, including Target, Hy-Vee, Sam’s Club, Starbucks, Walgreens, and a variety of hotels and fast-casual eateries, all driving robust foot traffic and economic vitality. Key regional anchors such as Collins Aerospace—with its large workforce—alongside Mercy Medical Center, UnityPoint Health – St. Luke’s Hospital, and Mount Mercy University, generate substantial daily activity from employees, patients, and students. Serving a thriving community of ±139,365 residents within a 5-mile radius, with an average household income of $103,785, the corridor benefits from a solid demographic foundation that supports enduring demand and consumer spending. With its exceptional visibility, proximity to high-traffic neighbors, and placement at a key intersection, this site is perfectly positioned to maximize opportunities in a high-demand market