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Office Suite with Conference Room
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1241 Park Place Ne B, Cedar Rapids, IA 52402

Office suite includes a large open area, conference room, private office, and abundant natural light.

Space SizeContact for details
Days on Market22

Property Features for 1241 Park Place Ne B

General Information

Standard status Active

Additional Details

Highway Access Yes

Building Details

Year Built 1983
Listing Agency: COLDWELL BANKER HEDGES
Listed By: Jim Zachar
Source: Kwlegacyrealty
Added: Jul 21 Changed: Jul 22 Last Checked: Aug 11 at 10:11AM

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 COLDWELL BANKER HEDGES

Investment Insights

Based on property information with market context.

Prime office space located in NE Cedar Rapids with convenient access to HWY 100/Collins Road, Blairs Ferry Road and I-380. Suite B features a large open office area, a conference room with built-in cabinets and countertops, and a private office.

The suite is well-suited for day-to-day office use with large windows providing natural light throughout. A spacious parking lot is available to accommodate staff.

The owner will negotiate with the tenant regarding improvements needed for their specific use.

Key Highlights

  • Year built 1983 office space in NE Cedar Rapids
  • Suite B includes 1,400+ SF large open office area
  • Includes conference room with built‑in cabinets and countertops plus a private office

Property Analytics

Current Use

Travel Advisors Travel Agency SLB of Iowa Corporate Office JET Engineering Inc. Engineering Consultant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Electrical 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

969
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

$14.13 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
41,999 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
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Frequently Asked Questions

What type of property is this?
Office units - Office suite includes a large open area, conference room, private office, and abundant natural light.
Where is this office units located?
The property is located at 1241 Park Place Ne B Cedar Rapids, IA.
What are key features of this property?
This property features: Year built 1983 office space in NE Cedar Rapids; Suite B includes 1,400+ SF large open office area; Includes conference room with built‑in cabinets and countertops plus a private office
More about this property
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