Office Units with Skywalk
For Lease
Contact for pricing
550-215 3rd Ave Se, Cedar Rapids, IA 52401
Updated office suites offer flexible configurations within a professionally managed downtown property.
Space SizeContact for details
Days on Market636
Property Features for 550-215 3rd Ave Se
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$278,354
Listing Agency:
Cushman & Wakefield Iowa Commercial Advisors
(319) 431-1898
Listed By:
Ryan Fitzpatrick
(319) 431-1898
Source:
Exprealty
Added: Dec 2, 2024
Changed: Aug 21
Last Checked: Aug 29 at 12:55PM
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 Cushman & Wakefield Iowa Commercial Advisors
Investment Insights
Based on property information with market context.
Town Centre provides updated office units in a professionally managed downtown Cedar Rapids property. Multiple suite configurations are available, allowing prospective occupants to evaluate space based on their operational requirements. The property encompasses 179,079 square feet and offers NNN lease structures.
Direct connectivity to the downtown skywalk system provides an integrated connection to the surrounding central business district. An onsite parking ramp is planned to reopen in 2025, with tenant parking arrangements to be established as part of the lease.
Direct connectivity to the downtown skywalk system provides an integrated connection to the surrounding central business district. An onsite parking ramp is planned to reopen in 2025, with tenant parking arrangements to be established as part of the lease.
Key Highlights
- Updated office units in a professionally managed property
- Multiple office suite configurations available
- Connected to the downtown Cedar Rapids skywalk system
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
915
Businesses Nearby
Explore this area
Business Placement
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
$13.85 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
35,222 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Updated office suites offer flexible configurations within a professionally managed downtown property.
Where is this office units located?
The property is located at 550-215 3rd Ave Se Cedar Rapids, IA.
What are key features of this property?
This property features: Updated office units in a professionally managed property; Multiple office suite configurations available; Connected to the downtown Cedar Rapids skywalk system
