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Flexible Office Suite Near Highway 30
For Lease
$10 SF/Yr

5005 Bowling Street SW Unit A2, Cedar Rapids, IA 52404

Office space offers a divisible layout with tenant improvements for flooring, paint, and drywall finish.

Space Size9,980 SF
Days on Market937

Property Features for 5005 Bowling Street SW Unit A2

General Information

Standard status Active
Size 9,980 SF
Lease Term []

Space & Availability

Contiguous Space 9,980 SF
Divisible Yes
Space Use Office

Additional Details

Highway Access Yes

Building Details

Year Built 1999
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Angie Glick
Source: Cbhrealty
Added: Feb 5, 2024 Changed: Aug 29 Last Checked: Aug 26 at 1:03PM

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.

Unit A2 is a 9,980-square-foot office suite within a 17,285-square-foot property completed in 1999. The space can be divided to suit tenant requirements, with a TI allowance available for new flooring, paint, and drywall finish.

The property is positioned just off the Highway 30 exit at Bowling Street, providing direct access to the surrounding roadway network. Estimated pass-through expenses include tenant electricity.

Key Highlights

  • 9,980 SF office suite in a 17,285‑square‑foot property
  • Suite can be demised to accommodate tenant requirements
  • TI allowance available for flooring, paint, and drywall finish

Property Analytics

Current Use

Cedar Rapids Recovery ... Medical Clinic Cedar Rapids Comprehensive ... Medical Clinic Compassus Home Health Care Service Arleen Zahn-Houser Pediatrician

Suggested Use

Top Pick Real Estate Agency Pharmacy Restaurant Auto Parts Store Dental Office Bakery

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

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

$13.85 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
35,222 SF
Avg Space Size

This space is priced 28% below the average of $13.85 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space offers a divisible layout with tenant improvements for flooring, paint, and drywall finish.
Where is this office units located?
The property is located at 5005 Bowling Street SW Unit A2 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 9,980 SF office suite in a 17,285‑square‑foot property; Suite can be demised to accommodate tenant requirements; TI allowance available for flooring, paint, and drywall finish
More about this property
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