Multi-Tenant Office
For Lease
$85,750
425 2nd Street SE 721, Cedar Rapids, IA 52401
Flexible office suites across multiple floors in a prominent downtown building, suitable for professional tenants and owner-users.
Space SizeContact for details
Days on Market202
Property Features for 425 2nd Street SE 721
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
Urb DT
Lease Type
Net
Taxes and HOA fees
Annual Taxes
$1,481
Amenities
Carpet
Yes
12
No
Public
Common
Off Street
Building Details
Year Built
1982
Stories
12
Listing Agency:
Keller Williams Legacy Group
(319) 430-2711
Listed By:
Delmar Yoder
(319) 430-2711
Source:
Pinnaclerealtyia
Added: Jan 26
Changed: Aug 16
Last Checked: Aug 16 at 3:36AM
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 Keller Williams Legacy Group
Investment Insights
Based on property information with market context.
Plaza 425 offers a range of office suites within a 12-story office building totaling 206,000 SF. Available spaces are located on the 1st, 2nd, 5th, 7th, and 10th floors, with suite sizes ranging from 3,430 to 13,720 SF. The building is positioned to serve both smaller professional office needs and full-floor users.
Situated in the heart of Downtown Cedar Rapids, Plaza 425 is described as one of the city’s most prominent office buildings. The property is within walking distance of Green Square Park, the Cedar Rapids Public Library, and the New Bohemian District, with nearby dining and retail options.
For tenants, the available range of suite sizes across multiple floors supports a variety of office footprints within a single, established building. For owner-users and buyers, Plaza 425 provides a centrally located office platform in a well-known downtown setting, with suites available for lease and the option to acquire the property.
Situated in the heart of Downtown Cedar Rapids, Plaza 425 is described as one of the city’s most prominent office buildings. The property is within walking distance of Green Square Park, the Cedar Rapids Public Library, and the New Bohemian District, with nearby dining and retail options.
For tenants, the available range of suite sizes across multiple floors supports a variety of office footprints within a single, established building. For owner-users and buyers, Plaza 425 provides a centrally located office platform in a well-known downtown setting, with suites available for lease and the option to acquire the property.
Key Highlights
- 12‑story, 206,000 SF office building built in 1982 at Plaza 425 in downtown Cedar Rapids
- Available office suites range from 3,430–13,720 SF on the 1st, 2nd, 5th, 7th, and 10th floors
- Off‑street parking and public water supply
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,465
Businesses Nearby
Explore this area
Business Placement
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
$11.79 /SF/Yr
Avg Asking Price
$9.95–$16 /SF/Yr
Price Range
50,070 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office suites across multiple floors in a prominent downtown building, suitable for professional tenants and owner-users.
Where is this office building located?
The property is located at 425 2nd Street SE 721 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $85,750.
What are key features of this property?
This property features: 12‑story, 206,000 SF office building built in 1982 at Plaza 425 in downtown Cedar Rapids; Available office suites range from 3,430–13,720 SF on the 1st, 2nd, 5th, 7th, and 10th floors; Off‑street parking and public water supply
