Historic Downtown Office
For Lease
Contact for pricing
309-118 3rd Ave Se, Cedar Rapids, IA 52401
Multiple suite sizes are available with modified-gross leasing and desktop electricity billed separately.
Space Size208 SF - 2,025 SF
Days on Market8
Property Features for 309-118 3rd Ave Se
General Information
Standard status
Active
Size
208 SF - 2,025 SF
Net Rentable
208 SF
Lease Type
Modified Gross
Space & Availability
Available Space
208-2,025 SF
Space Use
Office
Taxes and HOA fees
Annual Taxes
$62,162
Listing Agency:
SKOGMAN REALTY
(319) 366-6427
Listed By:
John Beardsworth · License #IA S68410000
(319) 360-6615
Source:
Exprealty
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 13 at 2:46AM
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
Investment Insights
Based on property information with market context.
The Higley Building offers multiple office suites ranging from approximately 208 SF to 2,025 SF. The reported property size is 57,552 SF. Leases are structured on a modified-gross basis, with desktop electricity as an additional cost.
The offices are in downtown Cedar Rapids, Iowa, at 309-118 3rd Ave SE. The building is identified as historic and is also available for purchase.
The offices are in downtown Cedar Rapids, Iowa, at 309-118 3rd Ave SE. The building is identified as historic and is also available for purchase.
Key Highlights
- Office suites range from approximately 208 SF to 2,025 SF
- 57,552 SF reported property size
- Modified‑gross leases; desktop electricity is an additional cost
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,055
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
$12.5 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
39,498 SF
Avg Space Size
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 - Multiple suite sizes are available with modified-gross leasing and desktop electricity billed separately.
Where is this office units located?
The property is located at 309-118 3rd Ave Se Cedar Rapids, IA.
What are key features of this property?
This property features: Office suites range from approximately 208 SF to 2,025 SF; 57,552 SF reported property size; Modified‑gross leases; desktop electricity is an additional cost
