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Turnkey Medical/Dental Office Space
For Lease
$950,000

4245 1st Avenue SE, Cedar Rapids, IA 52402

Remodeled medical/dental office with high traffic and architectural significance.

Space SizeContact for details
Lot Size1.23 Acres
Days on Market270

Property Features for 4245 1st Avenue SE

General Information

Standard status Active
Lot size 1.23 Acres
Property subtype Com Lease
Zoning Urb Comm
Lease Type Net

Taxes and HOA fees

Annual Taxes $13,692

Amenities

See Remarks
Yes
2
Building,Land
Public
1.23
1.23 Acre
Off Street

Building Details

Year Built 1963
Stories 2
Listing Agency: AWRE - Commercial & Development
Listed By: Ali Rashid
Source: Pinnaclerealtyia
Added: Dec 2, 2025 Changed: Aug 28 Last Checked: Aug 29 at 6:44AM

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 AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

This turnkey building, suitable for a Med Spa, Dental, or Medical office, has been completely remodeled. The property features water access in every room for sink installations. It includes new handicap-accessible bathrooms with washer and dryer hookups, and LVT flooring throughout. The suites offer clean, large, and bright rooms. Suite A features a built-in fireplace in the reception area, complemented by updated black and gold fixtures. Situated on a 1.23-acre lot, the property includes a large parking lot and a park-like setting in the back with mature trees. Located near the Lindale Mall Home Depot, the site benefits from a daily traffic count of 19,000 to 20,000 vehicles and offers space for a large, visible sign. Doctor’s Court is a historic Marshall Erdman healthcare building, designed by a protégé of Frank Lloyd Wright, making it a piece of architectural history. The property size is 9250 square feet.

Key Highlights

  • Turnkey condition, ideal for Med Spa, Dental, or Medical office.
  • Water access to every room, suitable for sinks and medical equipment.
  • High traffic location (19,000‑20,000 daily) near Lindale Mall Home Depot with space for large visible signage.**

Property Analytics

Current Use

Walker Todd M ... Dental Office Sedrel Lynette Dental Office Richard T. Pope, ... Physician

Suggested Use

Top Pick Electrical Service Pharmacy Auto Parts Store Food Market Hotel & Motel Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

986
Businesses Nearby
Balanced
Demand for This Use

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

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Remodeled medical/dental office with high traffic and architectural significance.
Where is this medical office space located?
The property is located at 4245 1st Avenue SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $950,000.
What are key features of this property?
This property features: Turnkey condition, ideal for Med Spa, Dental, or Medical office.; Water access to every room, suitable for sinks and medical equipment.; High traffic location (19,000‑20,000 daily) near Lindale Mall Home Depot with space for large visible signage.**
More about this property
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