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215 3rd Avenue SE #550 Overview
- Time on Site:
- 574 days
- Visits:
- 3
Town Centre is a professionally managed office property in central downtown Cedar Rapids and offers multiple office suites and sizes available. Offering updated modern office suites, this property is connected to the downtown skywalk system. $7.95 / SF NNN year one base rent offer - Please contact LA for additional information. Landlord willing to amortize or provide tenant improvement allowance for qualified tenants. Onsite parking ramp is planning to reopen in 2025 offering exclusive immediate property parking - Tenant parking costs to be negotiated at the time of lease. Listed square Footage is the Useable SF of available suite (Property Load Factor is apprx. 1.13). *Lease rate subject to final demised suite size.
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215 3rd Avenue SE #550 Facts & Features
- Type Commercial
- Sq. ft. 179,079
- Lot 0.58 Acres
Details
General
Income/Expenses
- Existing Lease Type: Net
Building Information
- Year Built: 1991
Business Information
- Business Name: Town Centre
Location/Region
- County Or Parish: Linn
- MLS Area Major: SE Quadrant
- Postal City: Cedar Rapids
Rent/Lease Information
- Lease Considered: true
- Tenant Pays: Common Area Maintenance,Electricity,Heat,Insurance,Janitorial Service,Taxes,Water
Tax Information
- Tax Annual Amount: 278354.0
General Information
- Parcel Number: 1428130001
- Property Sub Type: Office
- Property Type: Commercial Lease
- Zoning: C
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
- Basement: false
- Building Features: Elevator(s),Janitorial Service,Multi-Tenant,Private Restrooms
- Flooring: Carpet,Concrete
- Leasable Area: 6200.0
- Living Area: 179079.0
Unit Information
- Unit Number: 550
Exterior
Lot Information
- Lot Size Acres: 0.579
- Lot Size Area: 0.579
- Lot Size Dimensions: 25200
- Lot Size Units: Acres
- Water Source: Public
Building Exterior/Construction
- Roof: Membrane
General Information
- Exterior Features: Sprinkler/Irrigation
- Sewer: Public Sewer
215 3rd Avenue SE #550 Neighborhood
Community
52401 (Cedar Rapids) Demographics
34
Median Age
1,624
Population Density (per sq. mile)
46%
College Educated
$39,361
Estimated Median Income
242
Estimated Total Home Owners
901
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.215 3rd Avenue SE #550 Market Data
Based on the last 30 days in this zip code
$350,204
Average List Price
$244
Average Price per Square Foot
2
Properties Sold
75
Average Days on Market
11
Properties for Sale
215 3rd Avenue SE #550 History
| Date | Value | Agent |
|---|---|---|
| 11/7/2025Source: Cedar Rapids Area MLS | Active |
|
| 4/10/2025Source: Cedar Rapids Area MLS | Pending |
|
| 12/2/2024Source: Cedar Rapids Area MLS | December 02, 2024 |
Listing provided courtesy of Cushman & Wakefield Iowa Commercial Advisors- MLS# 2408160