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Managed Office Units

1229 1st Avenue Southeast, Cedar Rapids, IA 52402

For Lease
Contact for pricing

Flexible layouts accommodate office, retail, and service businesses, with on-site management and off-street parking.

Space Size3,530 SF
Days on Market33

Property Features for 1229 1st Avenue Southeast

General Information

Standard status Active
Size 3,530 SF
Property subtype Office
Zoning Urban

Additional Details

Space Use Office
Highway Access Yes

Amenities

on-site management

Spaces For Lease

at 1229 1st Avenue Southeast
Space 1 Active
Size 3,530 SF
Contact us
Listing Agency: WSG CRE
Listed By: Josh Seamans · License IA B57696000
Source: Crexi
Added: Oct 9 Changed: Nov 10 Last Checked: Nov 10 at 7:07AM

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 WSG CRE

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office-unit leasing opportunity offers adaptable interiors for office, retail, or service-oriented businesses. The property is maintained and has on-site management, with off-street parking available. A restrictive covenant bars tobacco, vape, liquor, and pawn shop uses.

The property is in Cedar Rapids’ MedQuarter, opposite Coe College, along 1st Avenue Southeast. I-380 and downtown Cedar Rapids are accessible from the site, and a Starbucks is nearby.

Key Highlights

  • Office units in Cedar Rapids’ MedQuarter, across from Coe College
  • Flexible layouts for office, retail, and service businesses
  • Off‑street parking and on‑site management

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Barber Shop Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,914
Businesses Nearby

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$12.75 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
34,598 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Cedar Rapids, IA

$13.65 Jul
$14.12 Aug
$13.1 Sep
$13.17 Oct

Properties on Market for Office Units in Cedar Rapids

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Flexible layouts accommodate office, retail, and service businesses, with on-site management and off-street parking.
Where is this office unit located?
The property is located at 1229 1st Avenue Southeast Cedar Rapids, IA.
What are key features of this property?
This property features: Office units in Cedar Rapids’ MedQuarter, across from Coe College; Flexible layouts for office, retail, and service businesses; Off‑street parking and on‑site management
(319) 343-5542 Call to check price and availability
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