Skywalk-Connected Office
For Lease
$15 SF/Yr
118 2nd Ave SE, Cedar Rapids, IA 52401
Office suites connect to the downtown skywalk and include utilities and janitorial service within operating expenses.
Space SizeContact for details
Days on Market363
Property Features for 118 2nd Ave SE
General Information
Standard status
Active
Class
A
Elevators
Yes
Property subtype
Com Lease
Zoning
Urban Downtown Core
Lease Type
NNN
Space & Availability
Divisible
Yes
Floor
4-5
Space Use
Office
Condition
Move-in Ready
Furnished
Yes
Amenities
skywalk system
secure lobby entrance
Carpet
0.39
CountyRoad,Paved
Building Details
Year Built
1923
Listing Agency:
Navigate Homes
(319) 576-8327
Listed By:
Juliana Corona
(319) 576-8327
Source:
Pinnaclerealtyia
Added: Sep 2, 2025
Changed: Aug 29
Last Checked: Jul 6 at 2:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Navigate Homes
Investment Insights
Based on property information with market context.
Office space occupies the 4th and 5th floors of the building at 118 2nd Avenue SE in downtown Cedar Rapids. The interiors were designed by Solum Lang Architects and include elevator access, a secure lobby entrance, and remaining office furniture that can support a plug-and-play setup. Demising options may be available for tenants seeking a tailored configuration.
The property is connected to Cedar Rapids’ skywalk system and sits near a parking ramp. Operating expenses include utilities and janitorial services, while ramp parking may also be available. The building was constructed in 1923 and carries UDC zoning.
The property is connected to Cedar Rapids’ skywalk system and sits near a parking ramp. Operating expenses include utilities and janitorial services, while ramp parking may also be available. The building was constructed in 1923 and carries UDC zoning.
Key Highlights
- Office space spans the 4th and 5th floors
- Connected to Cedar Rapids’ skywalk system
- Elevator access with a secure lobby entrance
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,039
Businesses Nearby
Explore this area
Business Placement
Demographics for 52401, IA
2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value
Market
Lease Benchmarks for Cedar Rapids, IA
$13.85 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
35,222 SF
Avg Space Size
This space is priced 8% above the average of $13.85 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office suites connect to the downtown skywalk and include utilities and janitorial service within operating expenses.
Where is this office units located?
The property is located at 118 2nd Ave SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Office space spans the 4th and 5th floors; Connected to Cedar Rapids’ skywalk system; Elevator access with a secure lobby entrance
