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Finished Office Suite with Private Lobby
For Lease
$5,500/Mo

1121 Shirken Dr, Iowa City, IA 52246

CommercialLease, IowaCity, IA

Space Size4,000 SF
Lot Size1.41 Acres
Days on Market214

Property Features for 1121 Shirken Dr

General Information

Property type Commercial Lease
Property subtype Office
Zoning CI-1
Elementary school Roosevelt
Middle school Northwest
Directions Highway 1 West
Subdivision IowaCity
Standard status Active
APN 1016430013
Lot size 1.41 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 36844

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

private entrance
lobby
signage
parking

Building Details

Year built 1999
Flooring type Vinyl, Carpet
Building materials Block
Roof type Tar/Gravel
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Ryan O'leary · License #S41249
Added: Jan 23 Changed: Aug 19 Last Checked: Aug 25 at 8:06PM
MLS# 202600726

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Approximately 4000 sq ft of finished office accommodation is arranged with individual offices, a reception area, and conference rooms. The suite includes its own entrance and lobby, providing a defined arrival point for occupants and visitors. Vinyl and carpet flooring, central air, forced-air heating, and a tar/gravel roof are among the existing property features.

The property is located in Iowa City on Shirken Dr, just off Hwy 1 West. Shared parking is available through a common lot, with parking and related expenses shared among users. Exterior signage is also available. The building was constructed in 1999 and carries CI-1 zoning.

Key Highlights

  • Approximately 4000 sq ft of finished office space
  • Individual offices, reception area, and conference rooms
  • Private entrance with dedicated lobby

Property Analytics

Current Use

Optimae LifeServices Social Service Agency Rescare Johnson County ... Social Service Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Locksmith Accounting Firm Carpet & Flooring Store Clothing & Fashion Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

626
Businesses Nearby

Demographics for 52246, IA

22,829
Population
10,627
Households
2.1
Avg Household Size
29
Median Age
67%
College-Educated
95%
High-School Grad
16.7 sq mi
ZIP Area
1,367
Density / Sq Mi
$55,088
Median Household Income
$28,598
Median Earnings
$1,049
Median Rent
$327,100
Median Home Value

Market

Lease Benchmarks for Iowa City, IA

$20.31 /SF/Yr
Avg Asking Price
$9–$40 /SF/Yr
Price Range
3,085 SF
Avg Space Size

This space is priced 19% below the average of $20.31 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office accommodation with private access, meeting rooms, signage, and shared parking.
Where is this office units located?
The property is located at 1121 Shirken Dr Iowa City, IA.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: Approximately 4000 sq ft of finished office space; Individual offices, reception area, and conference rooms; Private entrance with dedicated lobby
More about this property
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