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First Floor Office Space Available

1847 1st Ave SE, Cedar Rapids, IA 52402

For Lease
$14 SF/Yr

Highly visible office space near 19th Street, SE.

Space SizeContact for details
Days on Market831

Property Features for 1847 1st Ave SE

General Information

Standard status Active
Property subtype Com Lease
Zoning T-MC
Lease Type Net

Taxes and HOA fees

Annual Taxes $41,156

Amenities

ConcreteSlabGrade
Irregular
0.46
CountyRoad,Paved

Building Details

Year Built 2012
Listing Agency: Q4 Real Estate
Listed By: Craig Byers · License IA S61123000
Source: Pinnaclerealtyia
Added: Aug 1, 2024 Changed: Nov 8 Last Checked: Nov 8 at 3:49AM

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 Q4 Real Estate

Rey
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Investment Insights

Based on property information with market context.

This first-floor office space is situated in a highly visible location on 1st Avenue, near the intersection of 19th Street, SE. The modern building provides a spacious suite suitable for professional office use. Monument signage opportunities are available on 1st Avenue. The property includes off-street parking for tenants and customers. The complex is currently occupied by tenants specializing in healthcare and dermatology.

Key Highlights

  • Highly visible location on 1st Avenue near 19th Street, SE.
  • Modern building with spacious first‑floor office suite.
  • Prominent monument signage opportunities on 1st Avenue.

Property Analytics

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

Current Use

MedTouch (Bike/Boat/Book/etc) Store PromptCare - Cedar Rapids Home Health Care Service Select Physical Therapy ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency HVAC Service Big Box & Wholesale Store Nail Salon Accounting Firm Barber Shop

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

662
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
View Realmo Analytics

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

This space is priced 10% above the average of $12.75 /SF/Yr.

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 - Highly visible office space near 19th Street, SE.
Where is this office unit located?
The property is located at 1847 1st Ave SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Highly visible location on 1st Avenue near 19th Street, SE.; Modern building with spacious first‑floor office suite.; Prominent monument signage opportunities on 1st Avenue.
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Includes: Price & PSF · Cap rate · Location · Zoning

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