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    202 10Th St Cedar Rapids, IA 52403

    For Lease
    $23 SF/Yr

    Class A Medical Office Building, Linn County

    Lot size:
    205,425 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A medical office building, constructed in 2013, offers 205,425 square feet of space in Linn County. Currently, 15,480 square feet is available for lease, with two contiguous spaces ranging from 1,626 to 3,810 square feet. The building boasts a desirable multi-tenant occupancy and is conveniently located near 2nd Ave SE, zoned U-MF. The three-story building features impressive 11-14 foot ceiling heights, creating a spacious and modern environment. Its prime location within the Medical District ensures high visibility and accessibility for patients and staff. The building provides convenient amenities including ample adjacent parking, community rooms, and a full-service coffee shop/restaurant, enhancing the overall patient experience. The 2024 estimated Common Area Maintenance (CAM) rate is $19.33 per square foot, encompassing real estate taxes, insurance, landscaping, snow removal, maintenance, trash removal, janitorial services, and common area utilities. This represents a significant value proposition for prospective tenants seeking a well-maintained, amenity-rich space in a thriving medical district. Interested parties should inquire for details regarding potential rate adjustments.

    Property Features for 202 10Th St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    205,425 SF
    Class
    A
    Total Rate
    402290.63

    Building Details

    Year Built
    2013
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 111
    Size
    1,626 SF
    Rate per SF
    $23
    Space
    Suite 290
    Size
    3,810 SF
    Rate per SF
    $23

    HighLights

    • Class A, 205,425 SF medical office building in Linn County.
    • Multiple tenancy with 15,480 SF currently vacant.
    • Two suites available, ranging from 1,626 SF to 3,810 SF.
    • Built in 2013, three stories, 11‑14' ceilings.
    • Located near 2nd Ave SE, U‑MF zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Physican's Clinic of Iowa Hospital Physicians Clinic Of Iowa Medical Center Physicians' Clinic of Iowa ... Orthopedic Clinic Physicians’ Clinic of Iowa, ... Medical Clinic Physicians' Clinic of Iowa ... Cancer Treatment Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6583072
    Latitude
    41.9834764

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office Building, Linn County
    Where is this medical office located?
    The property is located at 202 10Th St Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Class A, 205,425 SF medical office building in Linn County.; Multiple tenancy with 15,480 SF currently vacant.; Two suites available, ranging from 1,626 SF to 3,810 SF.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 10Th St Cedar Rapids, IA 52403
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