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Second-Floor Office with Floor-to-Ceiling Windows
For Lease
$15 SF/Yr

1303 5th St, Coralville, IA 52241

CommercialLease, Coralville, IA

Space SizeContact for details
Lot Size0.15 Acres
Days on Market553

Property Features for 1303 5th St

General Information

Property type Commercial Lease
Property subtype Office
Zoning Mixed Use
Directions Corner of 5th Street and 12th Ave., Coralville
Subdivision Coralville
Standard status Active
APN 1006422082
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 10

Utilities

Heating system Central, Heat Pump (Heating), Electric (Heating), Zoned
Cooling system Central Air, Zoned

Amenities

attached municipal parking

Building Details

Year built 2015
Flooring type Carpet, Tile, Vinyl
Building materials Block, Glass
Listing Agency: Blank & McCune Real Estate
Listed By: Teresa Morrow · License #B35393000
Added: Feb 14, 2025 Changed: Aug 19 Last Checked: Aug 21 at 9:06PM
MLS# 202501074

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Move-in-ready, Class A second-floor office space at Plaza on 5th with an inviting entrance and floor-to-ceiling windows overlooking 5th Street and the City of Coralville. Interiors feature a reception area, some private offices, conference rooms, large workspaces, and a kitchen/break room. The space is finished with lots of glass and light, with tile, vinyl, and carpet flooring throughout. Heating and cooling are provided via central and zoned systems, and the property was built in 2015.

Plaza on 5th is home to the Coralville Center for the Performing Arts, Hurts Donut, Orange Theory Fitness, Northwestern Mutual Life, Edward Jones, and many others. The building is centrally located with easy access to the University and UIHC.

Attached municipal lots provide surface and underground parking free of charge. Possession is negotiable.

Key Highlights

  • 0.1465‑acre office site built in 2015
  • Second‑floor Class A office space at Plaza on 5th
  • Floor‑to‑ceiling windows overlooking 5th Street and the City of Coralville

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

$27.39 /SF/Yr
Avg Asking Price
$9–$88.64 /SF/Yr
Price Range
15,179 SF
Avg Space Size

This space is priced 45% below the average of $27.39 /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 space with floor-to-ceiling windows, modern finishes, and nearby free surface and underground parking.
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: 0.1465‑acre office site built in 2015; Second‑floor Class A office space at Plaza on 5th; Floor‑to‑ceiling windows overlooking 5th Street and the City of Coralville
More about this property
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