Listing Agency: GLD COMMERCIAL

Listed By: Angie Glick Show Phone

Source: Exprealty

Added: May 29, 2024 Changed: Sep 4 Last Checked: Sep 7 at 1:37PM

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Investment Insights

Based on property information with market context.

Key Highlights

• Highly visible office space located just off the Highway 30 exit at Bowling Street
• 9,980 SF office suite with the option to be demised to fit tenant needs
• Tenant improvement (TI) allowance available for new flooring, paint, and drywall finish

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop HVAC 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

552

Businesses Nearby

Explore this area Business Placement

Demographics for 52404, IA

43,385

Population

19,923

Households

2.2

Avg Household Size

35

Median Age

22%

College-Educated

94%

High-School Grad

56.6 sq mi

ZIP Area

767

Density / Sq Mi

$62,304

Median Household Income

$38,865

Median Earnings

$885

Median Rent

$159,700

Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$13.49 /SF/Yr

Avg Asking Price

$0.99–$25 /SF/Yr

Price Range

37,218 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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

Where is this office units located?

The property is located at A2-5005 Bowling St Sw Cedar Rapids, IA.

What are key features of this property?

This property features: Highly visible office space located just off the Highway 30 exit at Bowling Street; 9,980 SF office suite with the option to be demised to fit tenant needs; Tenant improvement (TI) allowance available for new flooring, paint, and drywall finish