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Remodeled Office Building with Parking
For Lease
$11.72 SF/Yr

536 Southgate Avenue, Iowa City, IA 52240

2,048 SF office space in south Iowa City.

Space SizeContact for details
Days on Market152

Property Features for 536 Southgate Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Des Moines
Listed By: Bill Wright · License #S33231000
Source: Cbre
Added: Mar 25 Changed: Aug 22 Last Checked: Aug 23 at 6:37AM

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 CBRE - Des Moines

Investment Insights

Based on property information with market context.

This standalone office building, located in south Iowa City, offers 2,048 square feet of office space. The layout includes three private offices, a conference room, an open work area, and two restrooms. Constructed in 1981 and completely remodeled in 2014 with quality interior finishes, the property also features building signage and ample on-site parking. The real estate taxes are $4,460 per year, and the tenant self-performs common area maintenance. Situated just minutes from Highway 6, this location is suitable for professional or medical offices seeking easy access and strong visibility.

Key Highlights

  • Convenient South Iowa City location with easy access to Highway 6.
  • 2,048 square feet of office space suitable for professional or medical use.
  • Remodeled in 2014 with quality interior finishes.

Property Analytics

Current Use

Sudanese American Community ... Charitable Organization Beerends Family Chiropractic Alternative Medicine Practice Jason C. Beerends, ... Alternative Medicine Practice Sudanese American Community ... Charitable Organization

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Real Estate Agency HVAC Service Accounting Firm

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

NNN (Triple Net)
Lease Type
$1.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

683
Businesses Nearby

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
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?
Office building - 2,048 SF office space in south Iowa City.
Where is this office building located?
The property is located at 536 Southgate Avenue Iowa City, IA.
What is the lease rate?
The lease rate is $11.72 SF/Yr.
What are key features of this property?
This property features: Convenient South Iowa City location with easy access to Highway 6.; 2,048 square feet of office space suitable for professional or medical use.; Remodeled in 2014 with quality interior finishes.
More about this property
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