26-Suite Office
For Lease
$6,250/Mo
100 1st Avenue NE ##116, Cedar Rapids, IA 52401
Two levels offer flexible office layouts, shared conference rooms, a kitchenette, and dedicated IT storage.
Space SizeContact for details
Days on Market774
Property Features for 100 1st Avenue NE ##116
General Information
Standard status
Active
Net Rentable
8,508 SF
Total Parking Spaces
8
Zoning
Comm
Lease Type
Gross
Space & Availability
Divisible
Yes
Space Use
Office
Condition
Turnkey
Lease Terms
Lease Rate
$75,000 /YR
Monthly Rent
$6,250
Rent per SF/Year
$8.82
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,047
Amenities
oversized windows
open concept areas
conference rooms
kitchenette
storage room for IT purposes
signage opportunity
curbside parking
covered parade
North and South public entrance
private frontage road access
Building Details
Year Built
1974
Stories
2
Listing Agency:
Skogman Realty Co.
(319) 625-6427
Listed By:
Heather Morris · License #B34461000
(319) 350-7653
Source:
Kalonarealty
Added: Sep 12, 2024
Changed: Oct 24
Last Checked: Oct 24 at 3:22PM
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 Skogman Realty Co.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Cedar River Tower offers office units across its main and lower floors, with 13 suites on each level. The space includes oversized windows, open areas, conference rooms, a kitchenette, and a storage room for IT use. Three stairways connect the floors, and public entrances are located on the north and south sides. The floors may be leased separately or together, with the layout configurable to the selected space.
Access includes a private frontage road. Parking consists of eight covered spaces, with 28 additional spaces available to lease. Curbside parking is also available along the frontage road. Exterior building signage is an additional feature of the property.
Access includes a private frontage road. Parking consists of eight covered spaces, with 28 additional spaces available to lease. Curbside parking is also available along the frontage road. Exterior building signage is an additional feature of the property.
Key Highlights
- 26 private suites across two floors, with 13 on each level
- Three stairways connect the main and lower floors
- Oversized windows, open areas, conference rooms, kitchenette, and IT storage
Property Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,914
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
$12.43 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
39,313 SF
Avg Space Size
This space is priced 29% below the average of $12.43 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Two levels offer flexible office layouts, shared conference rooms, a kitchenette, and dedicated IT storage.
Where is this office unit located?
The property is located at 100 1st Avenue NE ##116 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $6,250/Mo.
What are key features of this property?
This property features: 26 private suites across two floors, with 13 on each level; Three stairways connect the main and lower floors; Oversized windows, open areas, conference rooms, kitchenette, and IT storage
