Updated Office
For Lease
Contact for pricing
215 3rd Avenue SE 110, Cedar Rapids, IA 52401
Modern office suites connect directly to Cedar Rapids’ downtown skywalk system.
Space SizeContact for details
Days on Market636
Property Features for 215 3rd Avenue SE 110
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
C
Lease Type
Net
Lease Terms
Lease Rate
$4.95 /USD/SF/YR
Rent per SF/Year
$4.95
Additional Details
Space Use
Office
Taxes and HOA fees
Annual Taxes
$278,354
Amenities
skywalk system
Carpet,Concrete
Yes
Public
0.579
25200
Sprinkler/Irrigation
Building Details
Year Built
1991
Listing Agency:
GLD COMMERCIAL
(319) 393-0900
Listed By:
Alex Miller
Source:
Pinnaclerealtyia
Added: Dec 2, 2024
Changed: Aug 29
Last Checked: Jul 8 at 12:52PM
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
Investment Insights
Based on property information with market context.
Town Centre is a 179,079-square-foot office property completed in 1991, offering multiple suite configurations and sizes for lease. Available spaces feature updated interiors with carpet and concrete finishes, while the property is professionally managed and located within central downtown Cedar Rapids.
The building connects to the downtown skywalk system, providing covered access through the surrounding downtown network. An onsite parking ramp is planning to reopen in 2025, which would provide immediate property parking subject to negotiated tenant parking arrangements. The property carries C zoning and includes sprinkler/irrigation infrastructure.
The building connects to the downtown skywalk system, providing covered access through the surrounding downtown network. An onsite parking ramp is planning to reopen in 2025, which would provide immediate property parking subject to negotiated tenant parking arrangements. The property carries C zoning and includes sprinkler/irrigation infrastructure.
Key Highlights
- 179,079‑square‑foot office property completed in 1991
- Multiple office suites and sizes available
- Direct connection to Cedar Rapids’ downtown skywalk system
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.74 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,508
Businesses Nearby
Explore this area
Business Placement
Demographics for 52401, IA
2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value
Market
Lease Benchmarks for Cedar Rapids, IA
$13.85 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
35,222 SF
Avg Space Size
This space is priced 64% below the average of $13.85 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Modern office suites connect directly to Cedar Rapids’ downtown skywalk system.
Where is this office units located?
The property is located at 215 3rd Avenue SE 110 Cedar Rapids, IA.
What are key features of this property?
This property features: 179,079‑square‑foot office property completed in 1991; Multiple office suites and sizes available; Direct connection to Cedar Rapids’ downtown skywalk system
