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Freshly Updated Office Suite
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503-4403 1st Ave, Cedar Rapids, IA 52401

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

Space SizeContact for details
Days on Market58

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: Aug 8 Last Checked: Aug 11 at 12:01PM

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

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

$14.13 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
41,999 SF
Avg Space Size

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 - Three-office suite with reception and walk-in closet, freshly updated, with off-street parking and utilities included.
Where is this office units 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
More about this property
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