Cedar Rapids, IA Commercial Real Estate for Lease and Sale

Explore 112 listings of Cedar Rapids commercial real estate to find the best space for your business.

2739 6th St SW

2739 6th St SW, Cedar Rapids, IA
Property

Other

2,870 SF
Year Built

1969
For Sale

$329,000
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919 6th St SW

919 6th St SW, Cedar Rapids, IA
Property

Other

8,154 SF
Year Built

2023
For Sale

$795,950
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7085 C Ave NE

7085 C Ave NE, Cedar Rapids, IA
Property

Other

12,000 SF
Year Built

2006
For Sale Contact for pricing
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1249 3rd Ave SE

1249 3rd Ave SE, Cedar Rapids, IA
Property

Multi-Family

2,776 SF
Year Built

1900
For Sale

$300,000
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115 30th St Dr SE

115 30th St Dr SE, Cedar Rapids, IA
Property

Office

2,677 SF
Availability

1 Space

2,677 SF
For Lease

$1,500.00/MO
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W Valley Dr

W Valley Dr, Cedar Rapids, IA
Property

VacantLand
For Sale

$549,000
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1065 Sierra Court NE

1065 Sierra Court NE, Cedar Rapids, IA
Property

Office

20,000 SF
Availability

1 Space

6,000 SF
Year Built

2002
For Lease

$11.00/SF/YR
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150 1st Ave NE

150 1st Ave NE , Cedar Rapids, IA
Property

Office

43,418 SF
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Cedar Rapids commercial real estate market incorporates 1,177,926 square feet of office space across 35 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Cedar Rapids, the coworking segment of the commercial real estate market incorporates about 176 square feet.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Cedar Rapids commercial real estate market includes 343,540 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Cedar Rapids market, there is a total of 934,527 square feet of industrial property.
The listing inventory in Cedar Rapids incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Cedar Rapids is represented by Industrial space, which accounts for 530,060 square feet of available listings. Office space available in Cedar Rapids adds up to 355,985 square feet.

Meanwhile, most of the listings of commercial property for sale in Cedar Rapids are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in Cedar Rapids is $12.78 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Cedar Rapids can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Cedar Rapids, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $27 per square foot. In particular, the property type commanding the highest lease rates in Cedar Rapids was Retail space.
The average size of a commercial property in Cedar Rapids depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Cedar Rapids, the average size of an office property is 33,656 square feet.
- Retail properties here incorporate an average of 16,360 square feet.
- Industrial space in Cedar Rapids is in buildings that are, on average 66,752 square feet in size.

Cedar Rapids, IA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Cedar Rapids currently add up to 1,040,934 square feet. The market offers 26 active office listing(s), which amount to 355,985 square feet and account for 49% of commercial spaces on the market. Local retail availability includes 83,015 square feet across 16 retail space(s). Industrial space for rent opportunities in Cedar Rapids amount to 530,060 square feet across a total of 10 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	26	355,985
Retail	16	83,015
Industrial	10	530,060
Other	1	71,874

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Cedar Rapids, IA. Currently, there is 977,951 square feet of commercial property for sale here , which includes 10 office building(s) for sale , 7 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	10	199,223
Retail	7	49,933
Industrial	5	340,317
Other	33	388,478

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Cedar Rapids, IA Commercial Real Estate for Lease and Sale

2739 6th St SW

919 6th St SW

7085 C Ave NE

1249 3rd Ave SE

115 30th St Dr SE

W Valley Dr

1065 Sierra Court NE

150 1st Ave NE

Frequently Asked Questions

Cedar Rapids, IA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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