Office Suites in Historic
For Lease
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118 3RD Avenue SE Unit 206, Cedar Rapids, IA 52401
Downtown Cedar Rapids suites are offered on modified-gross terms, with desktop electricity as an additional tenant cost.
Space Size208 SF - 2,025 SF
Days on Market15
Property Features for 118 3RD Avenue SE Unit 206
General Information
Standard status
Active
Size
208 SF - 2,025 SF
Net Rentable
208 SF
Lease Type
Modified Gross
Lease Term
[]
Space & Availability
Available Space
208-2,025 SF
Space Use
Office
Building Details
Year Built
1918
Listing Agency:
SKOGMAN REALTY
Listed By:
John Beardsworth · License #IA S68410000
(319) 360-6615
Source:
Cbhrealty
Added: Sep 30
Changed: Oct 13
Last Checked: Oct 12 at 8:06PM
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.
Office suites are available in the Higley Building, a historic property built in 1918. Available spaces range from approximately 208 SF to 2,025 SF. Leases use a modified-gross structure, with desktop electricity billed separately.
The building is in downtown Cedar Rapids. Ownership will help coordinate employee parking for tenants.
The building is in downtown Cedar Rapids. Ownership will help coordinate employee parking for tenants.
Key Highlights
- Suite sizes range from approximately 208 SF to 2,025 SF
- Modified‑gross lease structure; desktop electricity is an additional cost
- Higley Building dates to 1918
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,055
Businesses Nearby
Explore this area
Business Placement
Demographics for 52401, IA
2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value
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Market
Lease Benchmarks for Cedar Rapids, IA
$12.5 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
39,498 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Downtown Cedar Rapids suites are offered on modified-gross terms, with desktop electricity as an additional tenant cost.
Where is this office units located?
The property is located at 118 3RD Avenue SE Unit 206 Cedar Rapids, IA.
What are key features of this property?
This property features: Suite sizes range from approximately 208 SF to 2,025 SF; Modified‑gross lease structure; desktop electricity is an additional cost; Higley Building dates to 1918
