5264 Council St NE
Cedar Rapids, IA 52402
Office/Medical Property For Lease · 45,344 SF

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.