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Freshly Updated Office Suite

503-4403 1st Ave, Cedar Rapids, IA 52401

For Lease
Contact for pricing

Three-office suite with reception and walk-in closet, freshly updated, with off-street parking and utilities included.

Space SizeContact for details
Days on Market148

Property Features for 503-4403 1st Ave

General Information

Standard status Active

Additional Details

Traffic Count 30,000 vehicles/day

Amenities

reception area
walk-in closet
off-street parking
Listing Agency: EXECUTIVE REALTY
Listed By: Bobby Butschi
Source: Exprealty
Added: Jun 16 Changed: Nov 5 Last Checked: Nov 8 at 6:54AM

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 EXECUTIVE REALTY

Rey
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Investment Insights

Based on property information with market context.

This freshly updated office suite features three private offices, a reception area, and a walk-in closet, designed for immediate possession. The space is on the top floor, creating a penthouse-style feel, and is configured to support a professional reception and separate work areas.

The building offers free off-street parking and is located along a bus route. Public remarks also indicate high visibility with over 30,000 vehicles daily.

Operating costs are simple: the landlord pays for all utilities and CAM charges, while the tenant is responsible only for rent.

Key Highlights

  • Three‑office suite with reception area and walk‑in closet
  • Freshly updated and ready for immediate possession
  • Off‑street parking available

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store HVAC Service Locksmith Garden Center (Bike/Boat/Book/etc) 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

30,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,909
Businesses Nearby

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

$12.75 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
34,598 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Cedar Rapids, IA

$13.65 Jul
$14.12 Aug
$13.1 Sep
$13.17 Oct

Properties on Market for Office Units in Cedar Rapids

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Three-office suite with reception and walk-in closet, freshly updated, with off-street parking and utilities included.
Where is this office unit located?
The property is located at 503-4403 1st Ave Cedar Rapids, IA.
What are key features of this property?
This property features: Three‑office suite with reception area and walk‑in closet; Freshly updated and ready for immediate possession; Off‑street parking available
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