Move-in Ready Downtown Office
For Lease
Contact for pricing
118 2nd Ave SE, Cedar Rapids, IA 52401
Modern office space with sophisticated interior finish, move-in ready.
Space SizeContact for details
Property Size82,144 SF
Days on Market657
Property Features for 118 2nd Ave SE
General Information
Standard status
Active
Size
82,144 SF
Class
A
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
82,144 SF
Year Built
1923
Tenancy
Multiple
Spaces For Lease
at 118 2nd Ave SE Contact us- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 4
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 5
Listing Agency:
GLD Commercial Real Estate Advisors
(319) 731-3435
Listed By:
Rachel Waters · License #S71287000
Source:
Crexi
Added: Oct 25, 2024
Changed: Aug 8
Last Checked: May 12 at 8:28PM
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 GLD Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
The available office space, located on the 4th and 5th floors, features a sophisticated interior finish designed by Solum Lang Architects, providing a professional and modern atmosphere. The space is move-in ready, and remaining office furniture is available. Each floor is easily accessible via an elevator with a secure lobby entrance. Operating expenses include utilities and janitorial services. Demising options and ramp parking may be available.
Key Highlights
- Move‑in ready space with optional furniture for immediate operation.
- Sophisticated interior design by Solum Lang Architects.
- Inclusive operating expenses covering utilities and janitorial services.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.39 /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
$14.13 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
41,999 SF
Avg Space Size
This space is priced 13% above the average of $14.13 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Modern office space with sophisticated interior finish, move-in ready.
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 $15.95 SF/Yr.
What are key features of this property?
This property features: Move‑in ready space with optional furniture for immediate operation.; Sophisticated interior design by Solum Lang Architects.; Inclusive operating expenses covering utilities and janitorial services.
