First-Floor Office
For Lease
$7 SF/Yr
2720 NE 1st Avenue Unit 200, Cedar Rapids, IA 52402
As-is office space with accessible front parking and additional parking behind the building.
Space SizeContact for details
Days on Market482
Property Features for 2720 NE 1st Avenue Unit 200
General Information
Standard status
Active
Lease Term
[]
Building Details
Year Built
1966
Listing Agency:
Cushman & Wakefield Iowa Commercial Advisors
Listed By:
Ryan Fitzpatrick
(319) 364-8121
Source:
Cbhrealty
Added: May 6, 2025
Changed: Aug 29
Last Checked: Aug 29 at 11:30AM
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 Cushman & Wakefield Iowa Commercial Advisors
Investment Insights
Based on property information with market context.
Suite 200 provides 5,711 SF of first-floor office space in an existing commercial building. The premises are offered in as-is condition, with tenant improvement allowances negotiable. The building was constructed in 1966 and includes accessible parking near the front entrance, along with a larger parking area at the rear.
Access is available from 1st Avenue, and the property is approximately 5 minutes from I-380. The configuration offers a dedicated office suite with on-site parking and convenient regional roadway access in Cedar Rapids.
Access is available from 1st Avenue, and the property is approximately 5 minutes from I-380. The configuration offers a dedicated office suite with on-site parking and convenient regional roadway access in Cedar Rapids.
Key Highlights
- 5,711 SF first‑floor office suite
- Suite 200 in a commercial building constructed in 1966
- As‑is condition with tenant improvement allowances negotiable
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Demographics for 52402, IA
42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
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 49% below the average of $13.85 /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 - As-is office space with accessible front parking and additional parking behind the building.
Where is this office units located?
The property is located at 2720 NE 1st Avenue Unit 200 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 5,711 SF first‑floor office suite; Suite 200 in a commercial building constructed in 1966; As‑is condition with tenant improvement allowances negotiable
