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    4201 42Nd St NE Cedar Rapids, IA 52402

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    For Lease
    $16 SF/Yr ($16,370 /Mo)

    Furnished office space in Cedar Rapids' northeast business district.

    Property size:
    11,906 SF
    Lot size:
    5.51 Acres

    Property Features for 4201 42Nd St NE

    General Information

    Size
    11,906 SF
    Lot size
    5.51 Acres

    Source: GLD Commercial Agent Adam Gibbs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Sublease

    This is a Class A sublease opportunity located on the 3rd floor of a professional office building on 42nd Street NE in Cedar Rapids' northeast business district. The available space is approximately 11,906 square feet and features a mix of private offices, open work areas, conference rooms, a break room, and collaborative space. The space is offered fully furnished, providing immediate plug-and-play efficiency. The property features parking, natural light, modern finishes, and a strong corporate neighbor mix. Sublease term and potential direct lease options are subject to negotiation. It is located with convenient access to Edgewood Rd, I-380 and nearby retail, dining and services. It is suited for professional services, corporate office users, finance, insurance, and technology firms.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cantel Wealth Management, ... Investment Company Aerotek Employment Agency Berthel Fisher Companies Investment Service Securities Management and Research, ... Investment Service Aston Carter Employment Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.7006492
    Latitude
    42.0212973

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    FAQs

    What type of property is this?
    Office space - Furnished office space in Cedar Rapids' northeast business district.
    Where is this office space located?
    The property is located at 4201 42Nd St NE Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Fully furnished office space (11,906 SF) for immediate plug-and-play occupancy.; - Prime Class A sublease opportunity in Cedar Rapids' northeast business district.; - Excellent access to Edgewood Rd, I-380, retail, dining, and services.
    (319) 731-3400
    Request Owner's contact information
    4201 42Nd St NE Cedar Rapids, IA 52402
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    Cedar Rapids, IA 52402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4201 42Nd St NE Cedar Rapids, IA 52402
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