Cedar Rapids Retail

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 6, 2016

Cedar Rapids Rates

The typical asking rate per listing is in the $10's per square foot per year. The Cedar Rapids region is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 16% decline in rent.

Cedar Rapids Listing Supply

In the last 90 days, 11 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 9% of the office spaces in the Cedar Rapids are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 new listings below 2,000 sqft. Most buildings in this region are around 4 stories. Most buildings in this area 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