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Multi-Floor Plaza 425 Office Building
For Lease
$343,000

425 2ND Street SE Unit 100, Cedar Rapids, IA 52401

Office suites across several floors support professional users in a twelve-story downtown building.

Space Size3,430 SF - 13,720 SF
Property Size206,000 SF
Days on Market280

Property Features for 425 2ND Street SE Unit 100

General Information

Standard status Active
Size 3,430 SF - 13,720 SF
Net Rentable 3,430 SF
Lease Type NNN
Lease Term []

Space & Availability

Available Space 3,430-13,720 SF
Space Use Office

Building Details

Year Built 1982
Stories 12
Building Size 206,000 SF
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Tiffany Earl Williams-WSG CRE
Source: Cbhrealty
Added: Nov 23, 2025 Changed: Aug 29 Last Checked: Aug 29 at 7:12PM

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 SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

Plaza 425 is a twelve-story office building constructed in 1982, with available suites distributed across the 1st, 2nd, 5th, 7th, and 10th floors. Configurations range from 3,430 SF to 13,720 SF, accommodating smaller professional offices as well as users seeking an entire floor.

The property is located at 425 2ND Street SE in downtown Cedar Rapids, near Green Square Park, the Cedar Rapids Public Library, the New Bohemian District, and nearby dining and retail. Its downtown setting places office users within the city’s central business area.

Key Highlights

  • Available suites range from 3,430 SF to 13,720 SF
  • Space offered on the 1st, 2nd, 5th, 7th, and 10th floors
  • Twelve‑story office building constructed in 1982

Property Analytics

Current Use

Hard Money Lenders ... Loan Service Patty Sampson Law Firm Heuer Publishing Publishing House Keegan, Tindal & Jaeger Law Firm i107-1 Advertising Agency

Suggested Use

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

3,465
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

$13.75 /SF/Yr
Avg Asking Price
$10–$17 /SF/Yr
Price Range
56,882 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
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Frequently Asked Questions

What type of property is this?
Office building - Office suites across several floors support professional users in a twelve-story downtown building.
Where is this office building located?
The property is located at 425 2ND Street SE Unit 100 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $343,000.
What are key features of this property?
This property features: Available suites range from 3,430 SF to 13,720 SF; Space offered on the 1st, 2nd, 5th, 7th, and 10th floors; Twelve‑story office building constructed in 1982
More about this property
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