Cedar Rapids Office Space

Cedar Rapids

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
13,000
As of: December 9, 2016

Cedar Rapids Rates

Most listings are in the $10's per square foot per year. The Cedar Rapids region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 16% decline in rent.

Cedar Rapids Listing Supply

In the last 90 days, 10 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the listings in the Cedar Rapids are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 13,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this market were built in 1974 and are Class A.

Cedar Rapids Community

Market Report

Trends and status of the commercial real estate market in Cedar Rapids.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Cedar Rapids.
Research

Cedar Rapids Submarkets