5264 Council ST NE #850, Cedar Rapids, IA 52402
5264 Council ST NE #850, Cedar Rapids, IA 52402
5264 Council ST NE #850, Cedar Rapids, IA 52402
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70,326 SqFt


70,326 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Rent

Square Footage 70,326 sqft

MLS Listing ID 2503687

HOA Y/N No

Total Fin. Sqft 70326

Year Built 1976

Annual Tax Amount $76,832

Lot Size 5.870 Acres

Acres 5.87

Property Sub-Type Office

Property Description

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.

Location

State IA

County Linn

Area Ne Quadrant

Zoning Sub Mix

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Carpet

Fireplace No

Exterior

Exterior Feature Sprinkler/Irrigation

Parking Features Off Street

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type See Remarks

Building

Building Description Block,Concrete, Multi-Tenant,Private Restrooms,Pole Sign

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Concrete

Others

Tax ID 140325100700000

Security Features Security System

Acceptable Financing Lease, Lease Option

Listing Terms Lease, Lease Option

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2503687

Listed by SKOGMAN REALTY COMMERCIAL

NEARBY SCHOOL & BUSINESS

Tony Lueken

+1(319) 480-3875

tony@luekenre.com

4515 N River Blvd NE, Cedar Rapids, IA, 52411, USA

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5264 Council ST NE #850