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Class A Office Suite on Second Floor
For Lease
$15 SF/Yr

1303 5th St, Coralville, IA 52241

Move-in ready second-floor office suite with floor-to-ceiling windows, reception, private offices, and conference space.

Space SizeContact for details
Days on Market563

Property Features for 1303 5th St

General Information

Standard status Active
Class A
Property subtype Com Lease
Zoning Mixed Use
Lease Type NNN

Taxes and HOA fees

Annual Taxes $10

Amenities

Carpet,CeramicTile,Vinyl
irregular
CountyRoad

Building Details

Year Built 2015
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Star Horak
Source: Pinnaclerealtyia
Added: Feb 14, 2025 Changed: Aug 28 Last Checked: Aug 30 at 2:10PM

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 GLD Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

Move-in ready Class A office space on the second floor at Plaza on 5th. The suite features an inviting entrance and floor-to-ceiling windows overlooking 5th Street and the City of Coralville, bringing in significant natural light. Interior improvements include a reception area, some private offices, conference rooms, large workspaces, and a kitchen/break room.

Plaza on 5th is home to a mix of established tenants, including the Coralville Center for the Performing Arts, Hurts Donut, Orange Theory Fitness, Northwestern Mutual Life, and Edward Jones, among others. The property is centrally located with easy access to the University and UIHC. Parking is supported by attached municipal lots offering both surface and underground options at no charge.

This layout is well suited for professional teams that want a modern, glass-forward office environment with a mix of collaborative and private space. The inclusion of reception and conference rooms supports client-facing operations, while the large workspaces and kitchen/break room can accommodate everyday office workflows. Possession is negotiable, allowing for flexible move-in timing.

Key Highlights

  • Move‑in ready second‑floor office suite in Plaza on 5th, built in 2015
  • Floor‑to‑ceiling windows overlooking 5th Street and the City of Coralville
  • Includes reception area, some private offices, conference rooms, and large workspaces

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) 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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

750
Businesses Nearby

Demographics for 52241, IA

22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value

Market

Lease Benchmarks for Coralville, IA

$28.55 /SF/Yr
Avg Asking Price
$9–$88.64 /SF/Yr
Price Range
14,131 SF
Avg Space Size

This space is priced 47% below the average of $28.55 /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
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Frequently Asked Questions

What type of property is this?
Office units - Move-in ready second-floor office suite with floor-to-ceiling windows, reception, private offices, and conference space.
Where is this office units located?
The property is located at 1303 5th St Coralville, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Move‑in ready second‑floor office suite in Plaza on 5th, built in 2015; Floor‑to‑ceiling windows overlooking 5th Street and the City of Coralville; Includes reception area, some private offices, conference rooms, and large workspaces
More about this property
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