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Furnished Office Suite

4201 42nd St NE, Cedar Rapids, IA 52402

For Lease
$25 SF/Yr

Furnished workspace includes private offices, an open work area, modern finishes, and natural light.

Space Size1,088 SF
Days on Market98

Property Features for 4201 42nd St NE

General Information

Standard status Active
Size 1,088 SF
Net Rentable 1,088 SF
Class A
Property subtype Com Lease
Zoning SMC

Space & Availability

Available Space 1,088 SF
Contiguous Space 1,088 SF
Floor 1
Space Use Office
Condition Move-in Ready
Sublease Yes
Private Offices 3
Furnished Yes

Taxes and HOA fees

Annual Taxes $210,878

Amenities

parking
natural light
modern finishes
Carpet
CountyRoad,Paved

Building Details

Year Built 2015
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License IA B43857000
Source: Pinnaclerealtyia
Added: Aug 4 Changed: Nov 6 Last Checked: Nov 8 at 4:25AM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,088-square-foot office suite occupies the first floor of a professional office building constructed in 2015. The layout includes three private offices and an open work area, with furniture in place for a streamlined transition. Carpet, modern finishes, and natural light contribute to a practical work environment, while the space is designated SMC.

The property is located at 4201 42nd St NE in Cedar Rapids, along 42nd Street NE within the city’s northeast business district. On-site parking is available, and the property is served by a paved county road. The furnished configuration may suit an occupant seeking an established office setup without adding furniture to the premises.

Key Highlights

  • 1,088 SF first‑floor office suite
  • Three private offices plus an open work area
  • Furnished configuration with furniture in place

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Big Box & Wholesale Store Building Supply 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
$3.75 /SF/Yr
CAM

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

Market

Lease Benchmarks for Cedar Rapids, IA

$12.75 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
34,598 SF
Avg Space Size

This space is priced 96% above the average of $12.75 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Cedar Rapids, IA

$13.65 Jul
$14.12 Aug
$13.1 Sep
$13.17 Oct

Properties on Market for Office Units 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?
Office unit - Furnished workspace includes private offices, an open work area, modern finishes, and natural light.
Where is this office unit located?
The property is located at 4201 42nd St NE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 1,088 SF first‑floor office suite; Three private offices plus an open work area; Furnished configuration with furniture in place
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Includes: Price & PSF · Cap rate · Location · Zoning

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