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Class A Office Suite
For Lease
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200 1st St SE, Cedar Rapids, IA 52401

Top-floor executive office space is available for lease in a Class A building with downtown views.

Space SizeContact for details
Days on Market20

Property Features for 200 1st St SE

General Information

Standard status Active

Building Details

Year Built 1972
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kwlegacyrealty
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 11 at 10:20AM

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.

A former executive office suite is available on the top two floors (20 and 21) of the Alliant tower. The building is described as institutional-quality, Class A, and the delivery condition of the space and tenant build-out is negotiable as part of mutually agreeable lease terms.

The property is located at 200 1st St SE in Cedar Rapids, IA. The offering includes estimated base year full-service operating expenses of $6.00/SF annually in addition to the net rental rate; this charge includes CAM, insurance, property taxes, utilities, and janitorial.

Leases for less than a full floor are subject to the landlord’s approval of space planning and design.

Key Highlights

  • 1972‑built Class A office building with former executive office space available for lease
  • Top two floors available: Floors 20 and 21 in the Alliant tower
  • Estimated base year full‑service operating expenses: $6.00/SF annually (CAM, insurance, property taxes, utilities, janitorial)

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

$14.13 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
41,999 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 - Top-floor executive office space is available for lease in a Class A building with downtown views.
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: 1972‑built Class A office building with former executive office space available for lease; Top two floors available: Floors 20 and 21 in the Alliant tower; Estimated base year full‑service operating expenses: $6.00/SF annually (CAM, insurance, property taxes, utilities, janitorial)
More about this property
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