5264 Council Street NE Lot #600 Cedar Rapids IA, MLS 2503686

5264 Council Street NE #600, Cedar Rapids, IA 52402

MLS Number: 2503686 | Subtype: Commercial | Area: NE Quadrant

$ 22.00 /SF

Premier second-generation medical office building at 5264 Council Street NE, Cedar Rapids, Iowa 52402, strategically located in front of the Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema and steps from the I-380 entrance ramp, ensuring exceptional visibility and accessibility. This site, firmly in the path of Cedar Rapids’ dynamic development, benefits from over 20,000 vehicles daily on nearby Blairs Ferry Road and is surrounded by thriving retail, including Super Target and Westdale commercial districts. Existing co-tenants include MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza, fostering a robust medical and community hub. To the north, abundant residential growth fuels the area’s expansion. Ownership is flexible and will combine or subdivide to match a tenant's requirements. The building is offered at a competitive gross lease rate with a $20/SF tenant improvement allowance for qualified tenants. Join this vibrant, high-traffic corridor.

Property

County: Linn
Lot Size: 5.87 Acre
Acres: 5.8700

Year Built: 1976
Zoning: Sub Mix
Gross tax: $76,832.00

Building

Total Building SF: 70,326
Ceiling Height: 7ft-10ft

Utilities

Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Central Air
Water Source: City Water
Sewer: City Sewer

Lease Terms

Lease Type: Gross
Lease Price per SF: $22.00
Tenant Pays: Common Area Maintenance, Electricity, Heat, Insurance, Janitorial Service, Taxes, Trash Collection, Water

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5264 Council Street NE #600, Cedar Rapids, IA 52402

Property

Building

Utilities

Lease Terms

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