Search
Finished Office Unit with Expansion
For Lease
Contact for pricing

401-550 2nd St Se, Cedar Rapids, IA 52401

Professional workspace featuring private offices, conference rooms, cubicles, reception, and a break area.

Space SizeContact for details
Days on Market18

Property Features for 401-550 2nd St Se

General Information

Standard status Active

Space & Availability

Space Use Office
Condition Turnkey
Private Offices 7
Meeting Rooms 3

Taxes and HOA fees

Annual Taxes $111,388

Amenities

indoor climate controlled parking
premium signage opportunity
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs · License #B43857000
Source: Exprealty
Added: Aug 17 Changed: Aug 31 Last Checked: Sep 2 at 12:49AM

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

Investment Insights

Based on property information with market context.

This office unit at 401-550 2nd St SE in Cedar Rapids is configured for immediate professional use with seven private offices, three conference rooms, eight cubicles, a reception desk, and a break room. The existing layout also provides expansion capability for an occupier needing additional workspace over time.

The premises offer a finished office environment with multiple enclosed and open work areas, supporting a range of administrative and professional functions. Limited indoor climate-controlled parking is available, and the property includes an opportunity for premium signage. The former CPA office configuration provides a practical starting point for a new office user while retaining flexibility for reconfiguration.

Key Highlights

  • Seven private offices provide enclosed workspace
  • Three conference rooms support meetings and collaboration
  • Eight cubicles complement the private office layout

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Storage Facility Barber Shop Locksmith Pet Grooming Service Dental Office

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

1,948
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

$13.49 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
37,218 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Professional workspace featuring private offices, conference rooms, cubicles, reception, and a break area.
Where is this office units located?
The property is located at 401-550 2nd St Se Cedar Rapids, IA.
What are key features of this property?
This property features: Seven private offices provide enclosed workspace; Three conference rooms support meetings and collaboration; Eight cubicles complement the private office layout
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message