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Open-Plan Office Units

1243-1245 1st Ave SE, Cedar Rapids, IA 52401

For Lease
Contact for pricing

Urban-zoned office space offers off-street parking and access to I-380.

Space Size2,644 SF
Days on Market32

Property Features for 1243-1245 1st Ave SE

General Information

Standard status Active
Size 2,644 SF
Net Rentable 2,644 SF
Property subtype Office
Zoning Urban

Space & Availability

Available Space 2,644 SF
Contiguous Space 2,644 SF
Space Use Office

Additional Details

Highway Access Yes

Amenities

on-site management
off-street parking

Spaces For Lease

at 1243-1245 1st Ave SE
Space 1 Active
Size 2,644 SF
Contact us
Listing Agency: WSG CRE
Listed By: Josh Seamans · License IA B57696000
Source: Crexi
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 4:13PM

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.

The 2,644-square-foot office property at 1243-1245 1st Ave SE has an open-concept interior and a modern façade. Off-street parking and on-site management are also part of the property. Its Urban zoning is noted in the listing, which also identifies restrictions against tobacco, vape, liquor, and pawn shop uses.

The property is in Cedar Rapids’ MedQuarter, across 1st Avenue SE from Coe College and near a Starbucks. I-380 is accessible from the site.

Key Highlights

  • 2,644 SF office property with an open‑concept layout
  • Off‑street parking and on‑site management
  • Urban zoning

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Barber Shop HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Florist

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

3,287
Businesses Nearby

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

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 - Urban-zoned office space offers off-street parking and access to I-380.
Where is this office unit located?
The property is located at 1243-1245 1st Ave SE Cedar Rapids, IA.
What are key features of this property?
This property features: 2,644 SF office property with an open‑concept layout; Off‑street parking and on‑site management; Urban zoning
(319) 343-5542 Call to check price and availability
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