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Second-Floor Office Suite
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5500 NE Fountains Dr, Cedar Rapids, IA 52411

Sublease space includes private offices, meeting rooms, training facilities, and dedicated support areas.

Space SizeContact for details
Property Size12,178 SF
Days on Market3

Property Features for 5500 NE Fountains Dr

General Information

Standard status Active
Size 12,178 SF

Space & Availability

Floor 2
Space Use Office
Sublease Yes
Private Offices 11
Meeting Rooms 3

Site & Location

Highway Access Yes
Road Access Yes

Amenities

fast food
casual and sit-down restaurants
spas
salons
fitness studios
Hy-Vee Grocery

Building Details

Year Built 2020
Listing Agency: Q4 Real Estate
Listed By: Craig Byers · License #S61123000
Source: Kwlegacyrealty
Added: Aug 5 Changed: Aug 6 Last Checked: Aug 7 at 6:29AM

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 Q4 Real Estate

Investment Insights

Based on property information with market context.

This 12,178-square-foot second-floor office suite, built in 2020, is available for sublease. The layout includes a reception area, waiting area, multipurpose conference and training room, 11 offices, two client meeting rooms, a mail and print room, storage, restrooms, and additional office area.

The suite is located within The Fountains, a 19.3-acre mixed-use work and retail development with 40,500 square feet of retail and 200,000 square feet of office space. Nearby amenities include fast-food, casual and sit-down restaurants, spas, salons, fitness studios, and Hy-Vee Grocery. The development is positioned off Edgewood Road NE and Blairs Ferry Road, less than one mile from the Highway 100/Collins Road extension and I-380 interchange. The base rate is subject to an annual increase.

Key Highlights

  • 12,178‑square‑foot second‑floor office suite available for sublease
  • Built in 2020
  • 11 private offices and 2 client meeting rooms

Property Analytics

Current Use

Millhiser Smith Agency ... Insurance Agency HOTWORX - Cedar Rapids, ... Gym & Fitness Center Ritual Med Boutique Spa & Massage Center Accel Wealth Management ... Bank The Accel Group Insurance Agency

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Electrical Service (Bike/Boat/Book/etc) Store Garden Center

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
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

Demographics for 52411, IA

7,954
Population
2,927
Households
2.7
Avg Household Size
45
Median Age
59%
College-Educated
99%
High-School Grad
16.4 sq mi
ZIP Area
485
Density / Sq Mi
$164,972
Median Household Income
$72,607
Median Earnings
$1,275
Median Rent
$424,500
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$13.65 /SF/Yr
Avg Asking Price
$6–$24 /SF/Yr
Price Range
41,268 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 - Sublease space includes private offices, meeting rooms, training facilities, and dedicated support areas.
Where is this office units located?
The property is located at 5500 NE Fountains Dr Cedar Rapids, IA.
What are key features of this property?
This property features: 12,178‑square‑foot second‑floor office suite available for sublease; Built in 2020; 11 private offices and 2 client meeting rooms
More about this property
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