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Office Space in Medical District
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1120 2nd Ave, Cedar Rapids, IA 52403

Secure office location in the heart of the medical district.

Space SizeContact for details
Lot Size0.58 Acres
Days on Market211

Property Features for 1120 2nd Ave

General Information

Standard status Active
Lot size 0.58 Acres

Taxes and HOA fees

Annual Taxes $27,060
Listing Agency: Skogman Realty
Listed By: Roy Nowers
Source: Exprealty
Added: Jan 26 Changed: Aug 20 Last Checked: Aug 25 at 9:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skogman Realty

Investment Insights

Based on property information with market context.

This building offers individual office spaces suitable for business operations, particularly for startups seeking a secure location in the medical district. Multiple offices are available for lease, offering the flexibility to rent one or several units. Lease terms require a minimum of twelve months. Rent is variable, depending on the size and the number of rooms leased. The property is located in Cedar Rapids, Iowa.

Key Highlights

  • Located in the heart of the medical district.
  • Suitable for new or existing businesses.
  • Secure office location.

Property Analytics

Current Use

Anthony Mielke Marriage Or Relationship Counselor A. T. Averill House Tour Operator William F Olinger ... Law Firm Powers & Beard LLP Law Firm

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Tanning Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,287
Businesses Nearby

Demographics for 52403, IA

23,012
Population
10,759
Households
2.1
Avg Household Size
41
Median Age
40%
College-Educated
95%
High-School Grad
26.3 sq mi
ZIP Area
875
Density / Sq Mi
$73,848
Median Household Income
$46,148
Median Earnings
$857
Median Rent
$190,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$13.85 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
35,222 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Secure office location in the heart of the medical district.
Where is this office units located?
The property is located at 1120 2nd Ave Cedar Rapids, IA.
What are key features of this property?
This property features: Located in the heart of the medical district.; Suitable for new or existing businesses.; Secure office location.
More about this property
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