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Class A Office Unit
For Lease
$19 SF/Yr

1303 5th St, Coralville, IA 52241

CommercialLease, Coralville, IA

Space SizeContact for details
Lot Size0.02 Acres
Days on Market554

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 0.02 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 8

Utilities

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

Building Details

Year built 2015
Flooring type Tile, Vinyl, Carpet
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 22 at 12:06AM
MLS# 202501084

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.

This second-floor office unit at Plaza on 5th was built in 2015 and includes an open workspace, 2 private offices, polished concrete flooring, and floor-to-ceiling windows. Glass surfaces bring natural light into the suite, while central, zoned heating and cooling support year-round office operations. The property is classified for Mixed Use and includes block and glass construction with tile, vinyl, and carpet flooring elements.

The Coralville location places the suite near the University and UIHC. Plaza on 5th also includes the Coralville Center for the Performing Arts, Hurts Donut, Orange Theory Fitness, Northwestern Mutual Life, Edward Jones, and other businesses. Attached municipal lots provide free surface and underground parking. Possession is negotiable.

Key Highlights

  • Second‑floor office unit at Plaza on 5th
  • Open workspace with 2 private offices
  • Floor‑to‑ceiling windows overlooking 5th Street

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
$2.85 /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 31% 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 - Second-floor office space offers private offices, polished concrete floors, and floor-to-ceiling windows overlooking 5th Street.
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 $19 SF/Yr.
What are key features of this property?
This property features: Second‑floor office unit at Plaza on 5th; Open workspace with 2 private offices; Floor‑to‑ceiling windows overlooking 5th Street
More about this property
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