Cedar Rapids, IA Flex Space for Lease
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Cedar Rapids, IA Flex space Lease Rates & Market Statistics
Explore 45 Flex space listings for lease in Cedar Rapids, IA on Realmo, a commercial real estate exchange covering the Cedar Rapids area. The current inventory totals 1,331,318 square feet of properties — an average of ~29,600 SF per listing.
Asking lease rates for Flex space in Cedar Rapids start at $6 SF/Yr, average $8.35 SF/Yr, and reach $10 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $8.35 SF/Yr, the local average runs 9% below Iowa's state average of $9.13 SF/Yr.
Cedar Rapids accounts for 41% of the 111 flex space listings currently available across Linn County, where nearby markets include Hiawatha and Marion. Flex space listings make up 75% of the 60 Industrial properties currently for lease in Cedar Rapids, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Distribution centers (10 listings) and Other industrial properties (3 listings) elsewhere in the Cedar Rapids market.