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Office Suite with Conference Room
For Lease
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1241 Park Place NE Unit B, Cedar Rapids, IA 52402

Built-in cabinetry and large windows add useful storage and natural light to the workspace.

Space SizeContact for details
Days on Market38

Property Features for 1241 Park Place NE Unit B

General Information

Standard status Active
Lease Term []

Building Details

Year Built 1983
Listing Agency: Realty87, Jim Angstman
Listed By: SoldBy JZ
Source: Cbhrealty
Added: Sep 7 Changed: Oct 13 Last Checked: Oct 12 at 8:07PM

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 Realty87, Jim Angstman

Investment Insights

Based on property information with market context.

Suite B offers more than 1,400 square feet of office space, including an open work area, a private office, and a conference room with built-in cabinets and countertops. Large windows bring natural light into the suite. The owner is willing to discuss improvements tailored to the space.

The Cedar Rapids property is near Highway 100, Collins Road, Blairs Ferry Road, and I-380. Dining options, theaters, parks, and schools are also nearby, and the site has a spacious parking lot.

Key Highlights

  • Suite B includes more than 1,400 square feet of office space
  • Open work area, private office, and conference room
  • Conference room has built‑in cabinets and countertops

Property Analytics

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Open Analytics

Current Use

Travel Advisors Travel Agency SLB of Iowa Corporate Office JET Engineering Inc. Engineering Consultant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Electrical Service

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

969
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

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 - Built-in cabinetry and large windows add useful storage and natural light to the workspace.
Where is this office units located?
The property is located at 1241 Park Place NE Unit B Cedar Rapids, IA.
What are key features of this property?
This property features: Suite B includes more than 1,400 square feet of office space; Open work area, private office, and conference room; Conference room has built‑in cabinets and countertops
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