Cedar Rapids, IA Flex Space for Lease
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Cedar Rapids, IA Flex space Lease Rates & Market Statistics
Explore 52 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 1,371,560 square feet of properties — an average of ~26,400 SF per listing.
Asking lease rates for Flex space in Cedar Rapids start at $6 SF/Yr, average $9.50 SF/Yr, and reach $12 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $9.50 SF/Yr, the local average runs 6% above Iowa's state average of $8.94 SF/Yr.
Cedar Rapids accounts for 38% of the 137 flex space listings currently available across Linn County, where nearby markets include Marion and Hiawatha. Flex space listings make up 75% of the 69 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 (12 listings) and Other industrial properties (3 listings) elsewhere in the Cedar Rapids market.