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Professional Office Suite

1540 Midland Court NE, Cedar Rapids, IA 52402

For Lease
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Office suite features five private offices, an open area, and a break room with easy access to I-380.

Space SizeContact for details
Days on Market114

Property Features for 1540 Midland Court NE

General Information

Standard status Active
Property subtype Com Lease
Zoning Sub Mix
Lease Type Net

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $14,332

Amenities

Carpet
Yes
1
Public
0.47
.47 Acre
Off Street

Building Details

Year Built 1997
Stories 1
Listing Agency: Skogman Realty Co
Listed By: Tiffany Earl Williams-WSG CRE
Source: Pinnaclerealtyia
Added: Jul 20 Changed: Nov 7 Last Checked: Nov 8 at 4:26AM

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

Rey
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Investment Insights

Based on property information with market context.

Professional office suite located in a strong NE side area between Collins Road and Blairs Ferry Road. The space is configured with five private offices, an open office area, and a break room, making it well-suited for teams that need both collaboration and enclosed workspaces.

Conveniently positioned near Panera and a movie theater, with easy access to I-380 for commuting and client travel.

Key Highlights

  • 1‑story office space built in 1997 with heating and air conditioning
  • Configured with 5 private offices plus an open office area and a break room
  • Basement included and interior has carpet flooring

Property Analytics

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

Current Use

Brain Engineering Civil Engineer Heartland Hospice Nursing Home

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Electrical Service Storage Facility

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Cedar Rapids, IA

$12.75 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
34,598 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Cedar Rapids, IA

$13.65 Jul
$14.12 Aug
$13.1 Sep
$13.17 Oct

Properties on Market for Office Units in Cedar Rapids

Jul
Aug
Sep
Oct

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 - Office suite features five private offices, an open area, and a break room with easy access to I-380.
Where is this office unit located?
The property is located at 1540 Midland Court NE Cedar Rapids, IA.
What are key features of this property?
This property features: 1‑story office space built in 1997 with heating and air conditioning; Configured with 5 private offices plus an open office area and a break room; Basement included and interior has carpet flooring
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