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Office and Training Suite
For Lease
$895,000

5313 N Park Place NE, Cedar Rapids, IA 52402

Combination meeting and office space includes private offices, training rooms, and reception plus break areas.

Space SizeContact for details
Days on Market247

Property Features for 5313 N Park Place NE

General Information

Standard status Active
Property subtype Com Lease
Zoning S-MR
Lease Type Net

Additional Details

Office Units 3

Taxes and HOA fees

Annual Taxes $30,870

Amenities

Concrete
Yes
1
No
Display Window(s)
Building,Land
Public
0.829
36111
Off Street

Building Details

Year Built 1995
Stories 1
Tenancy Single
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Z Maryland
Source: Pinnaclerealtyia
Added: Jan 1 Changed: Sep 4 Last Checked: Sep 4 at 3:19AM

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 office and meeting suite is set up with 3 private offices, 3 training rooms, a reception area, and a break area. The layout is flexible, with the space able to be subdivided, and it can also be combined with an additional 1,500 SF next door.

Located in NE Cedar Rapids near Lindale Mall, the space offers a lighted sign and generous parking for visitors and staff.

Available for rent, the suite is designed to support both day-to-day office operations and dedicated training or meeting use.

Key Highlights

  • Combination meeting and office space with 3 private offices, 3 training rooms, reception area, and break area
  • Space can be subdivided and can be combined with an additional 1,500 SF next door
  • Off‑street parking and a lighted sign available

Property Analytics

Current Use

Iowa BIG off ... Airport Tipping Point Brazilian ... Training Center

Suggested Use

Top Pick Bakery Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Catering Service Food Market

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

3
Office units
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby

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

Lease Benchmarks for Cedar Rapids, IA

$13.49 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
37,218 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Combination meeting and office space includes private offices, training rooms, and reception plus break areas.
Where is this office units located?
The property is located at 5313 N Park Place NE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $895,000.
What are key features of this property?
This property features: Combination meeting and office space with 3 private offices, 3 training rooms, reception area, and break area; Space can be subdivided and can be combined with an additional 1,500 SF next door; Off‑street parking and a lighted sign available
More about this property
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