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Class B Office Space Available
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12421 Meredith Dr, Urbandale, IA 50323

Flexible office spaces in a park-like campus setting.

Space Size16,840 SF
Property Size216,165 SF
Days on Market1169

Property Features for 12421 Meredith Dr

General Information

Standard status Active
Size 16,840 SF
Class B
Property subtype Office
Lease Type NNN

Building Details

Building Size 216,165 SF
Year Built 2008
Tenancy Multiple

Spaces For Lease

at 12421 Meredith Dr Contact us

Space Available

Size
16,840 SF
Type
Office
Lease Type
NNN
Availability
Active
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Listing Agency: R&R Realty Group Omaha
Listed By: Adam Kaduce · License #IA S60643000
Source: Crexi
Added: Jun 19, 2023 Changed: Aug 13 Last Checked: Aug 28 at 1:51PM

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 R&R Realty Group Omaha

Investment Insights

Based on property information with market context.

The Crescent Building, situated in Paragon Office Park, is a Class B office building that provides adaptable space options suitable for various businesses. As part of a 280-acre mixed-use development, the building benefits from a pedestrian-friendly, park-like environment. This campus includes walking paths, bike trails, and plaza areas. The suites are divisible down to 6,150 square feet, making the Crescent Building suitable for a wide array of organizations seeking a professional setting with good connectivity, surrounded by both office and retail amenities.

Key Highlights

  • Located in Paragon Office Park, a 280‑acre mixed‑use development.
  • Offers flexible office space solutions divisible down to 6,150 SF.
  • Features a pedestrian‑friendly, park‑like campus.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Home Appliance 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

NNN (Triple Net)
Lease Type
$1.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

Demographics for 50323, IA

16,616
Population
5,965
Households
2.8
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
1,645
Density / Sq Mi
$173,659
Median Household Income
$83,776
Median Earnings
$1,479
Median Rent
$456,600
Median Home Value

Market

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 building - Flexible office spaces in a park-like campus setting.
Where is this office building located?
The property is located at 12421 Meredith Dr Urbandale, IA.
What is the lease rate?
The lease rate is $12.95 SF/Yr.
What are key features of this property?
This property features: Located in Paragon Office Park, a 280‑acre mixed‑use development.; Offers flexible office space solutions divisible down to 6,150 SF.; Features a pedestrian‑friendly, park‑like campus.
More about this property
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