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Downtown Main-Floor Office Suite
For Lease
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200 1st St SE, Cedar Rapids, IA 52401

Main floor office space is available for lease in a Class A downtown building across from CRST International Headquarters.

Space SizeContact for details
Days on Market51

Property Features for 200 1st St SE

General Information

Standard status Active
Class A
Lease Type Full Service

Building Details

Year Built 1972
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kwlegacyrealty
Added: Jul 20 Changed: Aug 22 Last Checked: Sep 8 at 4:11AM

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.

An institutional-quality, Class A office building offers main floor space for lease. The delivery condition of the space and tenant build-out is negotiable as part of mutually agreeable lease terms.

The building is centrally located in downtown Cedar Rapids, across from the CRST International Headquarters. The location is also described as within walking distance of several dining and entertainment options.

In addition to the Net Rental Rate, estimated base year full-service operating expenses are $6.00/SF annually, including CAM, insurance, property taxes, utilities, and janitorial.

Key Highlights

  • Class A downtown office building built in 1972
  • Main floor office space available for lease
  • Centrally located in downtown Cedar Rapids directly across from CRST International Headquarters

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

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

$13.87 /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

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

What type of property is this?
Office units - Main floor office space is available for lease in a Class A downtown building across from CRST International Headquarters.
Where is this office units located?
The property is located at 200 1st St SE Cedar Rapids, IA.
What are key features of this property?
This property features: Class A downtown office building built in 1972; Main floor office space available for lease; Centrally located in downtown Cedar Rapids directly across from CRST International Headquarters
More about this property
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