Second-Generation Medical Office
For Lease
Contact for pricing
850-5264 Council St Ne, Cedar Rapids, IA 52404
Flexible medical office space within an established healthcare and community-oriented commercial setting.
Space SizeContact for details
Days on Market476
Property Features for 850-5264 Council St Ne
General Information
Standard status
Active
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
Building Details
Tenancy
Multi
Listing Agency:
SKOGMAN REALTY COMMERCIAL
(319) 363-8286
Listed By:
Tiffany Earl Williams-WSG CRE
(319) 730-5732
Source:
Exprealty
Added: May 21, 2025
Changed: Sep 5
Last Checked: Sep 8 at 12:06PM
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 SKOGMAN REALTY COMMERCIAL
Investment Insights
Based on property information with market context.
This second-generation medical office property provides 70,326 square feet within an established healthcare-focused setting. Ownership can combine or subdivide the building to align with tenant requirements, supporting a range of medical office configurations.
The property is positioned near the I-380 entrance ramp and across from the Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema. Nearby Blairs Ferry Road records more than 20,000 vehicles daily, while surrounding retail includes Super Target and the Westdale commercial districts. Existing co-tenants include MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza. Residential expansion to the north adds further context to the surrounding commercial corridor.
The property is positioned near the I-380 entrance ramp and across from the Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema. Nearby Blairs Ferry Road records more than 20,000 vehicles daily, while surrounding retail includes Super Target and the Westdale commercial districts. Existing co-tenants include MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza. Residential expansion to the north adds further context to the surrounding commercial corridor.
Key Highlights
- 70,326‑square‑foot second‑generation medical office building
- Ownership can combine or subdivide space to match tenant requirements
- Near the I‑380 entrance ramp and Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52404, IA
43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible medical office space within an established healthcare and community-oriented commercial setting.
Where is this medical office space located?
The property is located at 850-5264 Council St Ne Cedar Rapids, IA.
What are key features of this property?
This property features: 70,326‑square‑foot second‑generation medical office building; Ownership can combine or subdivide space to match tenant requirements; Near the I‑380 entrance ramp and Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema
