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Second-Floor Office Suite
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4201 42nd Street NE 220, Cedar Rapids, IA 52402

Office suite with private offices, cubicle area, conference space, and elevator access in a well-parked professional center.

Space SizeContact for details
Days on Market327

Property Features for 4201 42nd Street NE 220

General Information

Standard status Active
Property subtype Com Lease
Zoning S-MC
Lease Type Net

Taxes and HOA fees

Annual Taxes $42,624

Amenities

Yes
2
No
Public
5.51
239,925
Off Street

Building Details

Year Built 2015
Stories 2
Listing Agency: Appraisal & Real Estate Services
Listed By: Kyle Steele
Source: Pinnaclerealtyia
Added: Oct 8, 2025 Changed: Aug 25 Last Checked: Aug 29 at 6:09AM

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 Appraisal & Real Estate Services

Investment Insights

Based on property information with market context.

This second-floor office suite is accessed by an elevator and is currently built out with private offices, a cube field, a conference room, a break area, and a storage room. The layout is flexible and can be reconfigured for other office or service-oriented uses. The space is available under a five-year lease structure.

The suite is located within an upscale multi-tenant center with additional professional and personal service tenants, including a dental specialty building and related service providers. The property sits on the corner of one of the city’s busiest intersections in a growing affluent quadrant. Easy access is available to Hwy 100 and I-380, with the Edgewood Rd bridge nearby for travel to the west side of Cedar Rapids. The anchor building provides ample parking on all four sides, and a large three-sided monument sign is available on the corner for tenant use.

For businesses seeking a ready-to-occupy, centrally accessed office environment, this suite offers a functional mix of private workspaces and collaboration space. The current buildout supports professional office use, while the ability to reconfigure can accommodate changing staffing and workflow needs.

Key Highlights

  • 2015‑built 2‑story office suite with air conditioning and heating
  • Second‑floor space with elevator entrance and off‑street parking
  • Current layout includes private offices, cube field, conference room, break area, and storage room

Property Analytics

Current Use

Cantel Wealth Management, ... Corporate Office Aerotek Employment Agency Berthel Fisher Companies Financial Advisor Securities Management and Research, ... Financial Advisor Aston Carter Employment Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Restaurant HVAC Service

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

333
Businesses Nearby

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
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

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 - Office suite with private offices, cubicle area, conference space, and elevator access in a well-parked professional center.
Where is this office units located?
The property is located at 4201 42nd Street NE 220 Cedar Rapids, IA.
What are key features of this property?
This property features: 2015‑built 2‑story office suite with air conditioning and heating; Second‑floor space with elevator entrance and off‑street parking; Current layout includes private offices, cube field, conference room, break area, and storage room
More about this property
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