319-675-1694
5264 Council St NE, Cedar Rapids, IA for Rent

$22.00 USD /SF/yr

Office/Medical - For Rent
1/5
1,990-23,420 SF | 4 Spaces

5264 Council St NE
Cedar Rapids, IA 52402


HIGHLIGHTS

  • Premier 2nd generation space
  • Outstanding visibility and access
  • Exceptional co-tenants including Mercy Urgent Care, Mercy Dialysis, and YMCA
  • $20/SF tenant improvement allowance for qualified tenants

OVERVIEW

Premier second-generation medical office building located at 5264 Council Street NE in Cedar Rapids, Iowa, positioned directly in front of the Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema and just steps from the I-380 entrance ramp, offering outstanding visibility and accessibility. The property sits within Cedar Rapids’ high-growth corridor, with more than 20,000 vehicles per day along nearby Blairs Ferry Road and strong surrounding retail anchors, including Super Target and the Westdale commercial districts. Current co-tenants—MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza—create a well established medical and community hub. Continued residential expansion to the north further drives demand and supports long-term growth in the area. Ownership is flexible and can combine or subdivide suites to meet tenant needs. The building is offered at a competitive gross lease rate with a $20/SF tenant improvement allowance for qualified tenants—an exceptional opportunity to join a vibrant, high-traffic corridor.

RENTAL DETAILS

SPACE AVAILABLE

1,990-23,420 SF

# OF SPACES

4

RENT RATE (MO)

$1.83 USD /SF/mo

RENT RATE (YR)

$22.00 USD /SF/yr

LEASE TYPE

Modified Gross

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

70,326 SF

BUILDING CLASS

C

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.87 AC

LAND SF

255,697 SF

ZONING

S-MU

ASK ABOUT THIS PROPERTY

319-675-1694

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319-675-1694

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