5264 Council Street NE 950, Cedar Rapids, IA 52402

70,326 sqft

Commercial Property
Built in 1976
5.87acre lot
—— car garage
$——/sqft
Listed 5 months ago

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.

Listing Status:: Active
Date Added:: May 19, 2025 at 05:00AM
Listing Office:: SKOGMAN REALTY COMMERCIAL : 319-363-8286
Listing Agent:: Tiffany Earl Williams-WSG CRE : 319-730-5732
MLS ID:: 2503688

Flooring: Carpet
A/C: Central Air
Heating: Central

General: Sprinkler/Irrigation
Parking: Off Street

Roofing: See Remarks
General: BlockConcrete1

Originating MLS: CDR
County: Linn

Zoning: Sub MixCouncil Street 1st Lot 3140325100700000

Utilities: Electricity AvailableNatural Gas Available220 Volts
Water: Public
Sewer: Public Sewer

Source: CDR

This listing courtesy of Tiffany Earl Williams-WSG CRE, SKOGMAN REALTY COMMERCIAL

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bowman Woods Elementary

151 Boyson Rd NE, Cedar Rapids, IA, 52402

Grades KG-5

1.72 miles away

Oak Ridge Middle School

4901 Alburnett Rd, Marion, IA, 52302

Grades 6-8

3.43 miles away

Linn - Mar High School

3111 10th St, Marion, IA, 52302

Grades 9-12

3.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.