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Downtown Cedar Rapids Retail/Office Space

200 2nd St SE, Cedar Rapids, IA

For Lease
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First floor retail or office space in downtown Cedar Rapids.

Space Size3,777 SF - 9,880 SF
Lot Size0.45 Acres
Days on Market572

Property Features for 200 2nd St SE

General Information

Standard status Active
Size 3,777 SF - 9,880 SF
Lot size 0.45 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 200 2nd St SE Contact us

Office Space for Lease $8/SF/Yr

Floor 2
Size 9,880 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
LOCATION OVERVIEW Located in the heart of downtown Cedar Rapids. PROPERTY OVERVIEW 2nd floor office suite in the Dows Building. 9,880 SF consisting of 6+ private offices, open concept work space, in-suite restrooms, conference room, and direct access to the downtown skywalk system. PROPERTY HIGHLIGHTS • 9,880 SF office for lease • 6+ private offices • Access to skywalk
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Retail/Office Space for Lease $9/SF/Yr

Floor 1
Size 3,777 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Location Overview Located in the heart of Downtown Cedar Rapids. Property Overview First floor retail or office space in Downtown Cedar Rapids. This suite is located next to 20 Years Awesome. Could be a single 2,727 SF suite or combined with the 1,050 SF retail space next door. Open concept floor plan with 4 offices/changing rooms in the back of the suite. Landlord willing to improve the suite subject to a qualified tenant and lease terms. Property Highlights • 1st floor retail/office space • Open concept floor plan • Convenient access to downtown amenities
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Listing Agency: GLD Commercial
Listed By: Michael Gibbs · License IA S66802000
Source: Moodyscre
Added: Apr 18, 2025 Changed: Nov 1 Last Checked: Nov 10 at 11:42AM

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

Rey
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Investment Insights

Based on property information with market context.

Located in downtown Cedar Rapids, this first-floor space is suitable for retail or office use. The suite, situated next to 20 Years Awesome, offers an open-concept floor plan with 4 offices or changing rooms at the rear. It comprises 2,727 square feet but can be combined with an adjacent 1,050-square-foot retail space to create a larger area. The landlord is willing to make improvements to the suite, subject to a qualified tenant and agreed-upon lease terms. The property provides convenient access to downtown amenities.

Key Highlights

  • Prime Downtown Cedar Rapids location.
  • Versatile: Suitable for retail or office use.
  • Enjoy the open concept floor plan.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

A FIRST CLASS SOLUTION, ... Trucking Company Watertower Apartment Building Go Cedar rapids ... Corporate Office

Suggested Use

Top Pick Auto Parts Store Barber Shop Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tanning Salon

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
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,055
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cedar Rapids, IA

$15.85 /SF/Yr
Avg Asking Price
$6–$35 /SF/Yr
Price Range
48,167 SF
Avg Space Size

This space is priced 43% below the average of $15.85 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Cedar Rapids, IA

$18.49 Jul
$17.11 Aug
$16.35 Sep
$15.68 Oct

Properties on Market for Retail space in Cedar Rapids

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - First floor retail or office space in downtown Cedar Rapids.
Where is this retail space located?
The property is located at 200 2nd St SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Cedar Rapids location.; Versatile: Suitable for retail or office use.; Enjoy the open concept floor plan.
(319) 731-3417 · Office Call to check price and availability
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