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Town Centre Cedar Rapids, IA 52401 1,829 - 73,907 SF of Office Space Available






PARK HIGHLIGHTS
- Town Centre is a Class A complex at the corner of 3rd and 3rd, offering a range of executive suites, move-in-ready offices, and specialty spaces.
- Sheltered from winter cold with connections to the city Skywalk system and exclusive-access parking in one of downtown’s only privately held garages.
- Stroll to the best restaurants and lounges like Cobble Hill, The Map Room, Iowa Brewing Co., Black Sheep Social Club, Need Pizza, Pub 217, and more.
- Featuring on-site management, unique layouts, a connected private parking garage, leasable basement storage, and full access control.
- Within a 10-minute walk of cultural hubs such as Paramount Theatre, Mays Island, McGrath Amphitheatre, Alliant Power House, and NewBo City Market.
- Under new ownership, the expert team at Woodcrest Capital is coming in with fresh capital to offer move-in specials & competitive deals. Inquire now.
PARK FACTS
ALL AVAILABLE SPACES(8)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
Contact broker for more details.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
Contact broker for more details.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
Open plan ready for customization with ample natural light.
- Lease rate does not include utilities, property expenses or building services
- Natural Light
- Move-in Specials and Competitive Deals
- Open Floor Plan Layout
- Open-Plan
Vast space with an open plan ideal to fit ample workspaces.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
- Open Floor Plan Layout
Large open workspace that can be customized with lots of natural light from generous window lines.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
Suite 501 features a large open workspace with expansive windows offering great views of downtown. A skylight provides abundant natural light, enhancing the space. It can also be combined with suite 400 via an exclusive internal staircase, creating a total size of 19,826 usable square feet.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
Contact broker for more details.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
Suite 550 features a mix of large open workspace and private offices, with a spacious conference and meeting area. The layout can be customized to suit tenant needs.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
Space | Size | Term | Rental Rate | Space Use | Condition | Available |
1st Floor, Ste 110 | 8,041 SF | Negotiable | $5.95 /SF/YR $0.50 /SF/MO $64.05 /m²/YR $5.34 /m²/MO $3,987 /MO $47,844 /YR | Office | - | Now |
1st Floor, Ste 120 | 1,829 SF | Negotiable | $5.00 /SF/YR $0.42 /SF/MO $53.82 /m²/YR $4.48 /m²/MO $762.08 /MO $9,145 /YR | Office | - | Now |
1st Floor, Ste 130 | 1,936 SF | Negotiable | $7.95 /SF/YR $0.66 /SF/MO $85.57 /m²/YR $7.13 /m²/MO $1,283 /MO $15,391 /YR | Office | Partial Build-Out | Now |
4th Floor, Ste 400 | 5,185 SF | Negotiable | $6.95 /SF/YR $0.58 /SF/MO $74.81 /m²/YR $6.23 /m²/MO $3,003 /MO $36,036 /YR | Office | - | Now |
4th Floor, Ste 410 | 29,352 SF | Negotiable | $4.95 /SF/YR $0.41 /SF/MO $53.28 /m²/YR $4.44 /m²/MO $12,108 /MO $145,292 /YR | Office | - | Now |
5th Floor, Ste 501 | 16,473 SF | Negotiable | $4.95 /SF/YR $0.41 /SF/MO $53.28 /m²/YR $4.44 /m²/MO $6,795 /MO $81,541 /YR | Office | - | Now |
5th Floor, Ste 535 | 2,530 SF | Negotiable | $8.95 /SF/YR $0.75 /SF/MO $96.34 /m²/YR $8.03 /m²/MO $1,887 /MO $22,644 /YR | Office | - | Now |
5th Floor, Ste 550 | 8,561 SF | Negotiable | $7.95 /SF/YR $0.66 /SF/MO $85.57 /m²/YR $7.13 /m²/MO $5,672 /MO $68,060 /YR | Office | - | Now |
221 3rd Ave SE - 1st Floor - Ste 110
221 3rd Ave SE - 1st Floor - Ste 120
221 3rd Ave SE - 1st Floor - Ste 130
221 3rd Ave SE - 4th Floor - Ste 400
221 3rd Ave SE - 4th Floor - Ste 410
221 3rd Ave SE - 5th Floor - Ste 501
221 3rd Ave SE - 5th Floor - Ste 535
221 3rd Ave SE - 5th Floor - Ste 550
221 3rd Ave SE - 1st Floor - Ste 110
Size | 8,041 SF |
Term | Negotiable |
Rental Rate | $5.95 /SF/YR |
Space Use | Office |
Condition | - |
Available | Now |
Contact broker for more details.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
221 3rd Ave SE - 1st Floor - Ste 120
Size | 1,829 SF |
Term | Negotiable |
Rental Rate | $5.00 /SF/YR |
Space Use | Office |
Condition | - |
Available | Now |
Contact broker for more details.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
221 3rd Ave SE - 1st Floor - Ste 130
Size | 1,936 SF |
Term | Negotiable |
Rental Rate | $7.95 /SF/YR |
Space Use | Office |
Condition | Partial Build-Out |
Available | Now |
Open plan ready for customization with ample natural light.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Natural Light
- Open-Plan
- Move-in Specials and Competitive Deals
221 3rd Ave SE - 4th Floor - Ste 400
Size | 5,185 SF |
Term | Negotiable |
Rental Rate | $6.95 /SF/YR |
Space Use | Office |
Condition | - |
Available | Now |
Vast space with an open plan ideal to fit ample workspaces.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Move-in Specials and Competitive Deals
221 3rd Ave SE - 4th Floor - Ste 410
Size | 29,352 SF |
Term | Negotiable |
Rental Rate | $4.95 /SF/YR |
Space Use | Office |
Condition | - |
Available | Now |
Large open workspace that can be customized with lots of natural light from generous window lines.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
221 3rd Ave SE - 5th Floor - Ste 501
Size | 16,473 SF |
Term | Negotiable |
Rental Rate | $4.95 /SF/YR |
Space Use | Office |
Condition | - |
Available | Now |
Suite 501 features a large open workspace with expansive windows offering great views of downtown. A skylight provides abundant natural light, enhancing the space. It can also be combined with suite 400 via an exclusive internal staircase, creating a total size of 19,826 usable square feet.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
221 3rd Ave SE - 5th Floor - Ste 535
Size | 2,530 SF |
Term | Negotiable |
Rental Rate | $8.95 /SF/YR |
Space Use | Office |
Condition | - |
Available | Now |
Contact broker for more details.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
221 3rd Ave SE - 5th Floor - Ste 550
Size | 8,561 SF |
Term | Negotiable |
Rental Rate | $7.95 /SF/YR |
Space Use | Office |
Condition | - |
Available | Now |
Suite 550 features a mix of large open workspace and private offices, with a spacious conference and meeting area. The layout can be customized to suit tenant needs.
- Lease rate does not include utilities, property expenses or building services
- Move-in Specials and Competitive Deals
SELECT TENANTS AT THIS PROPERTY
- BSI Engineering
- Provides engineering, design, and consulting services for various industries.
- Hibu
- Offers digital marketing solutions to help businesses improve online visibility and growth.
- Savant Wealth Management
- National financial planning and investment management firm for businesses and individuals.
PARK OVERVIEW
Explore the spaces at Town Centre and discover Downtown Cedar Rapids like never before. This Class A complex is embedded among the city’s top destinations, and new ownership is ambitiously offering attractive deal terms. Town Centre is a multi-building property offering a variety of leasing options, ranging from 600 to 30,000 square feet. The two primary buildings, each spanning a quarter city block, are connected on select floors and provide a mix of open layouts, fully built-out offices, and specialty suites. Notable spaces include a multi-level suite with grand stairs and a central skylight, and a ground-floor café opportunity. Basement storage is also available for tenants. The third building features several smaller first-floor suites. Employees benefit from full access control security throughout the buildings, including restrooms, ensuring seamless movement between spaces. The multi-level parking garage is currently undergoing renovations and will reopen soon. It is one of the city's few privately owned parking facilities, with a private-access basement level offering highly sought-after, fully sheltered parking for winter months. Connected to the city's Skywalk network, with direct access through two second-floor sky bridges, Town Centre is the premier location to enjoy the best Cedar Rapids has to offer. Situated at the city’s famed corner, 3rd and 3rd, Town Centre is among the ranks of Cedar Rapids’ most prestigious professional hubs like City Hall, Alliant Energy Tower, Mercy Medical Center, CRST International World Headquarters, and Armstrong Centre. This address is steps away from dozens of shopping and dining options, along with culture-defining destinations like Alliant Energy Power House, Paramount Theatre, and the Cedar Rapids Museum of Art. Only two blocks from the riverfront, Town Centre will be one of the main beneficiaries of the city’s action plan’s primary goal: Embrace the Cedar River. This initiative will incorporate mixed-use redevelopments, new public infrastructure, and community gathering places to coalesce the Cedar River and Mays Island with downtown. Woodcrest Capital recently took ownership of Town Centre and is eager to offer creative deals and move-in specials with an experienced on-site management team to provide a seamless experience. Woodcrest Capital welcomes first-time and franchise businesses to its centers with easy-to-read leases and flexible terms while also being sufficiently sophisticated to please the largest of national credit tenants. As a family-owned business with over 40 years in commercial real estate, Woodcrest owns and operates everything from Class A centers in the busiest neighborhoods to troubled centers it’s rehabilitating in struggling rural communities. Call Woodcrest today to find the right location for your business!
- 24 Hour Access
- Atrium
- Fenced Lot
- Property Manager on Site
- Signage
- Skylights
- Skyway
- Wheelchair Accessible
- Storage Space
- Air Conditioning
PARK BROCHURE
NEARBY AMENITIES
RESTAURANTS |
|||
---|---|---|---|
The Coffee Emporium & Cafe | Cafe | $ | 2 min walk |
Cobble Hill | American | $$$$ | 3 min walk |
Lost Cuban | Cuban | $ | 3 min walk |
Grin N Goose | American | $$$ | 3 min walk |
Wasabi | Japanese | $$$ | 3 min walk |
Jimmy John's | Fast Food | $ | 4 min walk |
Rock Bar American Grill | Steakhouse | $$$ | 6 min walk |
Cellar 19 Wine & Deli | - | - | 6 min walk |
Black Sheep Social Club | American | $$$$ | 9 min walk |
Bari Italian | Italian | $$$ | 13 min walk |
RETAIL |
||
---|---|---|
Ymca | Fitness | 9 min walk |
Cedar Rapids Day School | Daycare | 9 min walk |
United States Postal Service | Business/Copy/Postal Services | 10 min walk |
HOTELS |
|
---|---|
DoubleTree by Hilton |
267 rooms
2 min drive
|
Fairfield Inn |
92 rooms
6 min drive
|
Hampton by Hilton |
105 rooms
6 min drive
|
Ramada |
101 rooms
6 min drive
|
Holiday Inn Express |
83 rooms
6 min drive
|
LEASING TEAM
LEASING TEAM

Ryan Fitzpatrick, Senior Vice President
Serving multiple Fortune 500 client assignments across Eastern Iowa, Ryan actively maintains regional market research and knowledge to provide clients with the most up to date insights to gain a competitive advantage in the current complex environment.
Parker Ridge, Associate
Parker uses a full range of business strategies which includes investment, site selection, tenant/ landlord representation, corporate services, acquisition, disposition, and overall market analysis. He actively maintains regional market research and knowledge to provide clients with the most
up to date insights to gain a competitive advantage in the current complex environment.
ABOUT THE OWNER


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Town Centre | Cedar Rapids, IA 52401
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