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First-Floor Office Suite with Parking
For Lease
$14 SF/Yr

1847 1st Ave SE, Cedar Rapids, IA 52402

First-floor office space in a modern building with off-street parking and prominent monument signage opportunities.

Space SizeContact for details
Days on Market759

Property Features for 1847 1st Ave SE

General Information

Standard status Active
Property subtype Com Lease
Zoning T-MC
Lease Type Net

Taxes and HOA fees

Annual Taxes $41,156

Amenities

ConcreteSlabGrade
Irregular
0.46
CountyRoad,Paved

Building Details

Year Built 2012
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Star Horak
Source: Pinnaclerealtyia
Added: Aug 1, 2024 Changed: Aug 28 Last Checked: Aug 29 at 6:45AM

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 GLD Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This first-floor office suite is located within a modern building and is suited for professional office use. The available space offers a spacious interior configuration for day-to-day operations, with opportunities for monument signage along 1st Avenue.

The property sits at a highly visible spot on 1st Avenue near the intersection of 19th Street, SE in Cedar Rapids, IA. Off-street parking is available for both tenants and customers, supporting convenient access for employees and visitors.

The suite fits medical-adjacent and general office needs based on the building’s current tenant mix that includes healthcare and dermatology. For tenants looking for a prominent, accessible first-floor location with dedicated parking and signage options, this space provides a practical setup within an active professional complex.

Key Highlights

  • First‑floor office space in a modern building (built in 2012) with concrete slab‑on‑grade flooring
  • 0.46‑acre property with county road paved frontage
  • Prominent monument signage opportunities on 1st Avenue

Property Analytics

Current Use

MedTouch (Bike/Boat/Book/etc) Store PromptCare - Cedar Rapids Home Health Care Service Select Physical Therapy ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency HVAC Service Big Box & Wholesale Store Nail Salon Accounting Firm Barber Shop

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

662
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

$13.85 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
35,222 SF
Avg Space Size

This space is priced 1% above the average of $13.85 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - First-floor office space in a modern building with off-street parking and prominent monument signage opportunities.
Where is this office units located?
The property is located at 1847 1st Ave SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: First‑floor office space in a modern building (built in 2012) with concrete slab‑on‑grade flooring; 0.46‑acre property with county road paved frontage; Prominent monument signage opportunities on 1st Avenue
More about this property
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