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

Floor-to-ceiling glazing brings natural light to a flexible workspace with private and open areas.

Space SizeContact for details
Days on Market38

Property Features for 1241 Park Place NE Unit G

General Information

Standard status Active
Lease Term []

Space & Availability

Space Use Office
Condition Move-in Ready
Private Offices 1
Meeting Rooms 1

Amenities

shared restrooms

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 9:10PM

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.

This 12,500-square-foot office suite includes a private executive office, a conference room, and an open work area suited to desks or cubicles. Floor-to-ceiling windows provide natural light, while shared restrooms are located in the common corridor. The professional building was constructed in 1983.

Restaurants, parks, schools, and retail are nearby. The suite is at 1241 Park Place NE, Unit G, in Cedar Rapids, Iowa.

Key Highlights

  • 12,500 square feet of office space
  • Private executive office, conference room, and open work area
  • Floor‑to‑ceiling windows

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
View Realmo Analytics

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 - Floor-to-ceiling glazing brings natural light to a flexible workspace with private and open areas.
Where is this office units located?
The property is located at 1241 Park Place NE Unit G Cedar Rapids, IA.
What are key features of this property?
This property features: 12,500 square feet of office space; Private executive office, conference room, and open work area; Floor‑to‑ceiling windows
More about this property
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