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5264 Council St NE
Cedar Rapids, IA 52402

$3,648 - $42,937 USD/MO

Medical For Lease  •  1,990+ SF

Property Details

  • Property Type Medical
  • Year Built 1976
  • Total Building Size 70,326 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning S-MU
30 Transit Score
50 Walk Score

4 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 400 Medical Office 1,990 SF $22.00 USD/SF/YR 
This multi-tenant medical office building at 5264 Council Street NE offers a premier location within Cedar Rapids’ high-growth corridor. Positioned directly across from Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema and just steps from the I-380 entrance ramp, the property provides excellent visibility and convenient access. The surrounding area features strong retail anchors such as Super Target and the Westdale commercial districts, with traffic counts exceeding 20,000 vehicles per day along Blairs Ferry Road.

The building is home to established medical and wellness providers, including MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza, creating a robust healthcare ecosystem. Ownership offers flexibility to combine or subdivide suites to meet tenant requirements, with a competitive gross lease structure and tenant improvement allowances for qualified tenants. This location is well-suited for healthcare practices seeking a collaborative environment in a high-traffic, amenity-rich setting.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Standard Medical
  • Space Type: Relet
1st Floor Ste 600 Medical Office 14,049 SF $22.00 USD/SF/YR 
This multi-tenant medical office building at 5264 Council Street NE offers a premier location within Cedar Rapids’ high-growth corridor. Positioned directly across from Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema and just steps from the I-380 entrance ramp, the property provides excellent visibility and convenient access. The surrounding area features strong retail anchors such as Super Target and the Westdale commercial districts, with traffic counts exceeding 20,000 vehicles per day along Blairs Ferry Road.

The building is home to established medical and wellness providers, including MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza, creating a robust healthcare ecosystem. Ownership offers flexibility to combine or subdivide suites to meet tenant requirements, with a competitive gross lease structure and tenant improvement allowances for qualified tenants. This location is well-suited for healthcare practices seeking a collaborative environment in a high-traffic, amenity-rich setting.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Standard Medical
  • Space Type: Relet
1st Floor Ste 850 Medical Office 5,885 SF $22.00 USD/SF/YR 
This multi-tenant medical office building at 5264 Council Street NE offers a premier location within Cedar Rapids’ high-growth corridor. Positioned directly across from Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema and just steps from the I-380 entrance ramp, the property provides excellent visibility and convenient access. The surrounding area features strong retail anchors such as Super Target and the Westdale commercial districts, with traffic counts exceeding 20,000 vehicles per day along Blairs Ferry Road.

The building is home to established medical and wellness providers, including MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza, creating a robust healthcare ecosystem. Ownership offers flexibility to combine or subdivide suites to meet tenant requirements, with a competitive gross lease structure and tenant improvement allowances for qualified tenants. This location is well-suited for healthcare practices seeking a collaborative environment in a high-traffic, amenity-rich setting.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Standard Medical
  • Space Type: Relet
1st Floor Ste 950 Medical Office 23,420 SF $22.00 USD/SF/YR 
This multi-tenant medical office building at 5264 Council Street NE offers a premier location within Cedar Rapids’ high-growth corridor. Positioned directly across from Marcus Wehrenberg Cedar Rapids Galaxy 16 Cinema and just steps from the I-380 entrance ramp, the property provides excellent visibility and convenient access. The surrounding area features strong retail anchors such as Super Target and the Westdale commercial districts, with traffic counts exceeding 20,000 vehicles per day along Blairs Ferry Road.

The building is home to established medical and wellness providers, including MercyCare North Urgent Care, Mercy Medical Center Dialysis, Epiphany Dermatology, and the YMCA at Mercy Health Plaza, creating a robust healthcare ecosystem. Ownership offers flexibility to combine or subdivide suites to meet tenant requirements, with a competitive gross lease structure and tenant improvement allowances for qualified tenants. This location is well-suited for healthcare practices seeking a collaborative environment in a high-traffic, amenity-rich setting.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Standard Medical
  • Space Type: Relet

Description 

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.

Highlights

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

Property Flyers

Amenities

  • Controlled Access
  • Wheelchair Accessible
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Mercy Care North Urgent Care
U.S. Renal Care

Public Transportation

AirportDriveWalkDistance
The Eastern Iowa 23 min - 14.3 mi
Tiffany Earl-Williams 319-675-1694 WSG CRE
Tiffany Earl-Williams 319-675-1694 WSG CRE