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Class A Executive Office Space
For Lease
$19 SF/Yr

200 1st Street SE, Cedar Rapids, IA 52401

Former executive office space available on the top two floors of a Class A building.

Space SizeContact for details
Days on Market325

Property Features for 200 1st Street SE

General Information

Standard status Active
Class A
Property subtype Com Lease
Zoning C4

Amenities

Carpet
Elevator,ZeroStepEntry
CountyRoad,Paved

Building Details

Year Built 1972
Listing Agency: Realty87
Listed By: Karrie Schultz
Source: Pinnaclerealtyia
Added: Oct 9, 2025 Changed: Aug 28 Last Checked: Aug 29 at 6:18AM

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 Realty87

Investment Insights

Based on property information with market context.

This Class A, institutional-quality office space was previously used as executive offices and is located on the top two floors of the Alliant tower (floors 20 and 21). The space is presented as an impressive, high-level office setting with views.

The offering notes that, in addition to the net rental rate, there are estimated base-year full-service operating expenses. Included in that estimate are CAM, insurance, property taxes, utilities, and janitorial, supporting a more bundled operating expense approach for the tenant.

Space delivery condition and tenant details are referenced in the remarks, with views called out as part of the overall offering.

Key Highlights

  • Former executive office space available on the top two floors (floors 20 & 21) of the Alliant tower
  • Class A building with an elevator and zero‑step entry
  • Carpet flooring throughout the interior space

Property Analytics

Current Use

Edison Electricians of Cedar ... Electrical Service Schumacher Elevator Company General Contractor IES Diversified Inc Trucking Company F & M Bank Bank Alliant Energy Electric Utility Company

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Barber Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,039
Businesses Nearby

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 37% above the average of $13.85 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Former executive office space available on the top two floors of a Class A building.
Where is this office units located?
The property is located at 200 1st Street SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Former executive office space available on the top two floors (floors 20 & 21) of the Alliant tower; Class A building with an elevator and zero‑step entry; Carpet flooring throughout the interior space
More about this property
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