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Marion Office Space For Rent
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3281 Armar Drive Southeast, Marion, IA 52302

Office space available in Marion, near Cedar Rapids retail district.

Space Size2,835 SF - 5,215 SF
Property Size64,024 SF
Days on Market1558

Property Features for 3281 Armar Drive Southeast

General Information

Standard status Active
Size 2,835 SF - 5,215 SF
Class B
Property subtype Office, Retail, Special Purpose
Lease Type NNN

Building Details

Building Size 64,024 SF
Year Built 1980
Tenancy Multiple

Spaces For Lease

at 3281 Armar Drive Southeast Contact us

Suite A

Size
2,835 SF
Type
Office, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us

Suite E

Size
3,600 SF
Type
Office, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us

Suite G

Size
5,215 SF
Type
Office, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield - West Des Moines, Iowa
Listed By: John Viggers · License #S27531000
Source: Crexi
Added: Jun 1, 2022 Changed: Aug 26 Last Checked: Sep 1 at 9:56PM

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 Cushman & Wakefield - West Des Moines, Iowa

Investment Insights

Based on property information with market context.

Office space ranging from 1,602 to 5,278 square feet is available for rent at a location on Armar Drive in Marion, Iowa. The property is conveniently situated off Marion Boulevard (Business US 151), near the boundary between Marion and Cedar Rapids. It is located in the Lindale Mall regional shopping area, the largest retail district in Cedar Rapids. The site is home to the St. Luke’s Hospital Marion ER Campus, which opened in 2024. The property offers easy accessibility, abundant parking, and signage opportunities on the building and a monument sign along Business US 151. The location is within 3 miles of Interstate 380.

Key Highlights

  • Located off Marion Blvd (Business US 151) on the boundary between Marion and Cedar Rapids.
  • Home to St. Luke’s Hospital Marion ER Campus (opened in 2024).
  • Located in the Lindale Mall regional shopping area.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Food Market HVAC Service Locksmith Catering Service (Bike/Boat/Book/etc) Store Daycare Center

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby

Demographics for 52302, IA

43,130
Population
18,153
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
97%
High-School Grad
74.3 sq mi
ZIP Area
580
Density / Sq Mi
$87,463
Median Household Income
$50,234
Median Earnings
$963
Median Rent
$232,900
Median Home Value

Market

Lease Benchmarks for Marion, IA

$16.54 /SF/Yr
Avg Asking Price
$12.75–$20 /SF/Yr
Price Range
11,428 SF
Avg Space Size

This space is priced 27% below the average of $16.54 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space available in Marion, near Cedar Rapids retail district.
Where is this office units located?
The property is located at 3281 Armar Drive Southeast Marion, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Located off Marion Blvd (Business US 151) on the boundary between Marion and Cedar Rapids.; Home to St. Luke’s Hospital Marion ER Campus (opened in 2024).; Located in the Lindale Mall regional shopping area.
(515) 309-6704 Call to check price and availability
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