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5264 Council St NE 1,990 - 45,344 SF of Office/Medical Space Available in Cedar Rapids, IA 52402

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HIGHLIGHTS

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

ALL AVAILABLE SPACES(4)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste 400
  • 1,990 SF
  • Negotiable
  • $30.58 CAD/SF/YR $2.55 CAD/SF/MO $60,854 CAD/YR $5,071 CAD/MO
  • Office/Medical
  • -
  • Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 5 - 16 People
  • 1st Floor, Ste 600
  • 14,049 SF
  • Negotiable
  • $30.58 CAD/SF/YR $2.55 CAD/SF/MO $429,615 CAD/YR $35,801 CAD/MO
  • Office/Medical
  • -
  • Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 36 - 113 People
  • 1st Floor, Ste 850
  • 5,885 SF
  • Negotiable
  • $30.58 CAD/SF/YR $2.55 CAD/SF/MO $179,962 CAD/YR $14,997 CAD/MO
  • Office/Medical
  • -
  • Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 15 - 48 People
  • 1st Floor, Ste 950
  • 23,420 SF
  • Negotiable
  • $30.58 CAD/SF/YR $2.55 CAD/SF/MO $716,178 CAD/YR $59,682 CAD/MO
  • Office/Medical
  • -
  • Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 59 - 188 People
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 400 1,990 SF Negotiable $30.58 CAD/SF/YR $2.55 CAD/SF/MO $60,854 CAD/YR $5,071 CAD/MO Office/Medical - Now
1st Floor, Ste 600 14,049 SF Negotiable $30.58 CAD/SF/YR $2.55 CAD/SF/MO $429,615 CAD/YR $35,801 CAD/MO Office/Medical - Now
1st Floor, Ste 850 5,885 SF Negotiable $30.58 CAD/SF/YR $2.55 CAD/SF/MO $179,962 CAD/YR $14,997 CAD/MO Office/Medical - Now
1st Floor, Ste 950 23,420 SF Negotiable $30.58 CAD/SF/YR $2.55 CAD/SF/MO $716,178 CAD/YR $59,682 CAD/MO Office/Medical - Now

1st Floor, Ste 400

Size
1,990 SF
Term
Negotiable
Rental Rate
$30.58 CAD/SF/YR $2.55 CAD/SF/MO $60,854 CAD/YR $5,071 CAD/MO
Space Use
Office/Medical
Condition
-
Available
Now

1st Floor, Ste 600

Size
14,049 SF
Term
Negotiable
Rental Rate
$30.58 CAD/SF/YR $2.55 CAD/SF/MO $429,615 CAD/YR $35,801 CAD/MO
Space Use
Office/Medical
Condition
-
Available
Now

1st Floor, Ste 850

Size
5,885 SF
Term
Negotiable
Rental Rate
$30.58 CAD/SF/YR $2.55 CAD/SF/MO $179,962 CAD/YR $14,997 CAD/MO
Space Use
Office/Medical
Condition
-
Available
Now

1st Floor, Ste 950

Size
23,420 SF
Term
Negotiable
Rental Rate
$30.58 CAD/SF/YR $2.55 CAD/SF/MO $716,178 CAD/YR $59,682 CAD/MO
Space Use
Office/Medical
Condition
-
Available
Now

1st Floor, Ste 400

Size 1,990 SF
Term Negotiable
Rental Rate $30.58 CAD/SF/YR
Space Use Office/Medical
Condition -
Available Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 5 - 16 People

1st Floor, Ste 600

Size 14,049 SF
Term Negotiable
Rental Rate $30.58 CAD/SF/YR
Space Use Office/Medical
Condition -
Available Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 36 - 113 People

1st Floor, Ste 850

Size 5,885 SF
Term Negotiable
Rental Rate $30.58 CAD/SF/YR
Space Use Office/Medical
Condition -
Available Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 15 - 48 People

1st Floor, Ste 950

Size 23,420 SF
Term Negotiable
Rental Rate $30.58 CAD/SF/YR
Space Use Office/Medical
Condition -
Available Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 59 - 188 People

PROPERTY 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.

  • Controlled Access
  • Wheelchair Accessible
  • Air Conditioning

PROPERTY FACTS

Building Type
Office
Year Built
1976
Building Height
1 Story
Building Size
70,326 SF
Building Class
C
Typical Floor Size
70,326 SF

SELECT TENANTS

  • FLOOR
  • TENANT NAME
  • INDUSTRY
  • 1st
  • Mercy Care North Urgent Care
  • Health Care and Social Assistance
  • 1st
  • U.S. Renal Care
  • Health Care and Social Assistance
  • Listing ID: 38918475

  • Date on Market: 2025-12-29

  • Last Updated:

  • Address: 5264 Council St NE, Cedar Rapids, IA 52402

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