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.