Multi-Floor Office
For Lease
$3.95 SF/Yr NNN
425 2ND Street SE Unit 500, Cedar Rapids, IA 52401
Downtown office suites support both smaller professional users and full-floor occupancy across a 12-story building.
Space Size3,430 SF - 13,720 SF
Property Size206,000 SF
Days on Market280
Property Features for 425 2ND Street SE Unit 500
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
Contiguous Space
13,720 SF
Space Use
Office
Sublease
No
Lease Terms
Lease Rate
$3.95 /USD/SF/YR
Monthly Rent
$1,129-$4,517
Rent per SF/Year
$3.95
Building Details
Year Built
1982
Stories
12
Building Size
206,000 SF
Listing Agency:
SKOGMAN REALTY COMMERCIAL
Listed By:
Tiffany Earl Williams-WSG CRE
(319) 364-8121
Source:
Cbhrealty
Added: Nov 23, 2025
Changed: Aug 29
Last Checked: Aug 29 at 5:08PM
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.
Office suites are available within Plaza 425, a 12-story building completed in 1982. Configurations range from 3,430 to 13,720 square feet, with availability on the 1st, 2nd, 5th, 7th, and 10th floors. The offering accommodates both smaller professional offices and users seeking an entire floor.
The property is positioned in downtown Cedar Rapids at 425 2ND Street SE. Green Square Park, the Cedar Rapids Public Library, the New Bohemian District, dining, and retail are all identified in the surrounding area, placing office users near civic, cultural, and everyday amenities.
The available office component provides multiple floor options and a broad suite-size range within a prominent downtown office building. Lease structure is NNN.
The property is positioned in downtown Cedar Rapids at 425 2ND Street SE. Green Square Park, the Cedar Rapids Public Library, the New Bohemian District, dining, and retail are all identified in the surrounding area, placing office users near civic, cultural, and everyday amenities.
The available office component provides multiple floor options and a broad suite-size range within a prominent downtown office building. Lease structure is NNN.
Key Highlights
- Suites from 3,430 to 13,720 SF
- Availability on the 1st, 2nd, 5th, 7th, and 10th floors
- 12‑story office building completed in 1982
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
$13.85 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
35,222 SF
Avg Space Size
This space is priced 71% below the average of $13.85 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Downtown office suites support both smaller professional users and full-floor occupancy across a 12-story building.
Where is this office units located?
The property is located at 425 2ND Street SE Unit 500 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $3.95 SF/Yr.
What are key features of this property?
This property features: Suites from 3,430 to 13,720 SF; Availability on the 1st, 2nd, 5th, 7th, and 10th floors; 12‑story office building completed in 1982
