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Office Suite with Reception
For Lease
$18 SF/Yr CAM $8.90 /USD/SF/YR

650 W Cherry St. Ste 5, North Liberty, IA 52317

The existing layout includes individual work areas, a large conference or team room, a break area and two restrooms.

Space SizeContact for details
Days on Market1119

Property Features for 650 W Cherry St. Ste 5

General Information

Standard status Active
Zoning Commercial

Space & Availability

Space Use Office
Sublease Yes

Additional Details

CAM $8.90 /SF/YR

Amenities

Zero Step Entry

Building Details

Year Built 2010
Listing Agency: Urban Acres Real Estate
Listed By: Peggy Slaughter
Source: Kalonarealty
Added: Oct 2, 2023 Changed: Oct 24 Last Checked: Oct 24 at 3:19PM

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 Urban Acres Real Estate

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Investment Insights

Based on property information with market context.

This office suite has a reception area, individual workspaces and a large room suited to conference or team use. A break area, two restrooms and a mechanical room complete the interior. The space was previously configured for dental use and could support that use again. The building, completed in 2010, features stone and metal finishes with warm tones and dark trim.

The suite is at 650 W Cherry St., Ste. 5, in North Liberty. Sign exposure is available along Hwy 965, with additional signage at the entrance. Commercial zoning and parking capacity are at their limit for a food-service user. The tenant is responsible for signage, utilities and insurance.

Key Highlights

  • Reception, individual work areas and a large conference or team room
  • Two restrooms, a break area and a mechanical room
  • Previously configured for dental use; could accommodate dental use again

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Kinze North Liberty Industrial Manufacturer Green Team Technologies (Bike/Boat/Book/etc) Store Bluebird Cafe Cafe & Coffee Shop Dr. Tanner Clark Dental Office stonebridge promenade Business Service Center

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Hair Salon Dental Office 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby

Demographics for 52317, IA

22,096
Population
9,125
Households
2.4
Avg Household Size
32
Median Age
54%
College-Educated
99%
High-School Grad
34.4 sq mi
ZIP Area
642
Density / Sq Mi
$108,156
Median Household Income
$57,950
Median Earnings
$1,221
Median Rent
$314,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for North Liberty, IA

$13.2 /SF/Yr
Avg Asking Price
$12–$15 /SF/Yr
Price Range
4,174 SF
Avg Space Size

This space is priced 36% above the average of $13.2 /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

Frequently Asked Questions

What type of property is this?
Office unit - The existing layout includes individual work areas, a large conference or team room, a break area and two restrooms.
Where is this office unit located?
The property is located at 650 W Cherry St. Ste 5 North Liberty, IA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Reception, individual work areas and a large conference or team room; Two restrooms, a break area and a mechanical room; Previously configured for dental use; could accommodate dental use again
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