Visible Office Property Near
For Lease
Contact for pricing
5005 Bowling St SW, Cedar Rapids, IA 52404
Highly visible office property with established tenants and customizable space.
Space Size1,866 SF - 4,192 SF
Property Size17,285 SF
Days on Market918
Property Features for 5005 Bowling St SW
General Information
Standard status
Active
Size
1,866 SF - 4,192 SF
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
17,285 SF
Year Built
1999
Tenancy
Multiple
Spaces For Lease
at 5005 Bowling St SW Contact us- Size
- 1,866 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite A
- Size
- 4,192 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite A2
Listing Agency:
GLD Commercial Real Estate Advisors
(319) 731-3435
Listed By:
Rachel Waters · License #S71287000
Source:
Crexi
Added: Feb 2, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:12AM
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 GLD Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This highly visible and accessible office property is located just off the Highway 30 exit ramp on Bowling Street. The building is configured as a three-tenant investment, with two established healthcare tenants occupying 58% of the space. The remaining 9,980 square feet will be delivered as a vanilla shell, ready for a customized floor plan. This space is available for purchase or for lease and can be demised into a smaller suite to suit an owner-user or tenant’s needs. Passthrough expenses are estimated and include the tenant’s electricity. The property has excellent access to I-380 and is conveniently located just off the exit ramp of Highway 30 on Bowling St SW.
Key Highlights
- Highly visible and accessible location off Highway 30 exit ramp.
- Three‑tenant investment property with stable income from established healthcare tenants.
- 58% of the space is occupied by established healthcare tenants with a strong regional presence.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.34 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
Demographics for 52404, IA
43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
Market
Lease Benchmarks for Cedar Rapids, IA
$11.79 /SF/Yr
Avg Asking Price
$9.95–$16 /SF/Yr
Price Range
53,494 SF
Avg Space Size
This space is priced 24% below the average of $11.79 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Highly visible office property with established tenants and customizable space.
Where is this office building located?
The property is located at 5005 Bowling St SW Cedar Rapids, IA.
What is the lease rate?
The lease rate is $8.95 SF/Yr.
What are key features of this property?
This property features: Highly visible and accessible location off Highway 30 exit ramp.; Three‑tenant investment property with stable income from established healthcare tenants.; 58% of the space is occupied by established healthcare tenants with a strong regional presence.
