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Medical Office Building with Co-Tenants
For Lease
Contact for pricing

5264 Council Street NE 950, Cedar Rapids, IA 52402

Second-generation space supports flexible planning within an established medical and community setting.

Space SizeContact for details
Days on Market469

Property Features for 5264 Council Street NE 950

General Information

Standard status Active
Property subtype Com Lease
Zoning Sub Mix
Lease Type Gross

Space & Availability

Divisible Yes
Space Use Medical Office
Condition Second Generation

Additional Details

TI Allowance $20 /SF
Highway Access Yes

Taxes and HOA fees

Annual Taxes $76,832

Amenities

Carpet
Yes
1
No
Public
5.87
5.87 Acre
Off Street
Sprinkler/Irrigation

Building Details

Year Built 1976
Stories 1
Listing Agency: Urban Acres Real Estate Corridor
Listed By: Juliana Corona
Source: Pinnaclerealtyia
Added: May 19, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:07AM

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 Urban Acres Real Estate Corridor

Investment Insights

Based on property information with market context.

The 70,326-square-foot medical office building at 5264 Council Street NE 950 was built in 1976 and is configured for second-generation medical use. Ownership can combine or subdivide the premises to align with tenant requirements. The property is zoned Sub Mix and includes established co-tenants MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza.

The building sits in front of the Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema and near the I-380 entrance ramp. Nearby Blairs Ferry Road carries over 20,000 vehicles daily, while surrounding retail includes Super Target and the Westdale commercial districts. The property is positioned within a larger medical, retail, and community-oriented area with residential growth to the north.

Key Highlights

  • 70,326‑square‑foot medical office building at 5264 Council Street NE 950
  • Flexible premises can be combined or subdivided to match tenant requirements
  • Existing co‑tenants include MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza

Property Analytics

Current Use

Debra J. Kucera, ... Physician MercyCare Diabetes Center Medical Clinic MercyCare Business Health ... Wellness Program Diane Norton, ARNP Pediatrician Neil Wickham, MD Pediatrician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Storage Facility Electrical Service

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

Location Intelligence

Trade Area within ½ mile

969
Businesses Nearby
Well-served
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Second-generation space supports flexible planning within an established medical and community setting.
Where is this medical office space located?
The property is located at 5264 Council Street NE 950 Cedar Rapids, IA.
What are key features of this property?
This property features: 70,326‑square‑foot medical office building at 5264 Council Street NE 950; Flexible premises can be combined or subdivided to match tenant requirements; Existing co‑tenants include MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza
More about this property
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