Class A Downtown Office
For Lease
Contact for pricing
118 2nd Ave SE, Cedar Rapids, IA 52401
Move-in ready office space with private offices, conference rooms, collaborative work areas, and open workstations on two floors.
Space SizeContact for details
Days on Market50
Property Features for 118 2nd Ave SE
General Information
Standard status
Active
Class
A
Amenities
skywalk system
conference rooms
collaborative workspace
break areas
Building Details
Year Built
1923
Listing Agency:
GLD Commercial Real Estate Advisors
Listed By:
Angie Glick
(319) 731-3400
Source:
Kwlegacyrealty
Added: Jul 26
Changed: Sep 8
Last Checked: Sep 13 at 1:28PM
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.
118 2nd Ave SE offers move-in ready Class A office space with modern, high-end finishes. The available 4th and 5th floors include a mix of private offices, conference rooms, collaborative workspace, break areas, and open workstations. Existing furniture may be available, supporting a plug-and-play setup. Ownership will consider demising options for smaller users, and operating expenses include utilities and janitorial services.
The building is located downtown Cedar Rapids with direct connectivity to the city’s skywalk system and is steps from a convenient parking ramp.
Two full floors are available, with each level sized at 16,360 SF.
The building is located downtown Cedar Rapids with direct connectivity to the city’s skywalk system and is steps from a convenient parking ramp.
Two full floors are available, with each level sized at 16,360 SF.
Key Highlights
- Move‑in ready Class A office space available on the 4th and 5th floors
- 4th floor includes 16,360 SF with private offices, conference rooms, collaborative workspace, break areas, and open workstations
- 5th floor includes 16,360 SF with private offices, conference rooms, collaborative workspace, break areas, and open workstations
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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
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Market
Lease Benchmarks for Cedar Rapids, IA
$13.87 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
43,451 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office space with private offices, conference rooms, collaborative work areas, and open workstations on two floors.
Where is this office units located?
The property is located at 118 2nd Ave SE Cedar Rapids, IA.
What are key features of this property?
This property features: Move‑in ready Class A office space available on the 4th and 5th floors; 4th floor includes 16,360 SF with private offices, conference rooms, collaborative workspace, break areas, and open workstations; 5th floor includes 16,360 SF with private offices, conference rooms, collaborative workspace, break areas, and open workstations
