Multi-Story Office
For Lease
$85,750
425 2ND Street SE Unit 721, Cedar Rapids, IA 52401
Office suites support both compact professional practices and larger users across several levels in Cedar Rapids’ central business district.
Space Size3,430 SF - 13,720 SF
Property Size206,000 SF
Days on Market290
Property Features for 425 2ND Street SE Unit 721
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
Sublease
No
Building Details
Year Built
1982
Stories
12
Building Size
206,000 SF
Tenancy
Multi
Listing Agency:
SKOGMAN REALTY COMMERCIAL
Listed By:
Tiffany Earl Williams-WSG CRE
(319) 364-8121
Source:
Cbhrealty
Added: Nov 13, 2025
Changed: Aug 29
Last Checked: Aug 29 at 7:41PM
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 12-story office building completed in 1982, with available suites from 3,430 to 13,720 SF. Space is offered on the 1st, 2nd, 5th, 7th, and 10th floors, providing options ranging from smaller offices to full-floor occupancy. The property is located at 425 2ND Street SE, Unit 721, in downtown Cedar Rapids.
The building sits near Green Square Park, the Cedar Rapids Public Library, the New Bohemian District, and surrounding dining and retail. Its central business district setting places office users within an established downtown environment with nearby civic, cultural, and commercial destinations.
The building sits near Green Square Park, the Cedar Rapids Public Library, the New Bohemian District, and surrounding dining and retail. Its central business district setting places office users within an established downtown environment with nearby civic, cultural, and commercial destinations.
Key Highlights
- 3,430‑13,720 SF office suites available
- Space offered on the 1st, 2nd, 5th, 7th, and 10th floors
- 12‑story office building completed in 1982
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
$13.75 /SF/Yr
Avg Asking Price
$10–$17 /SF/Yr
Price Range
56,882 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office suites support both compact professional practices and larger users across several levels in Cedar Rapids’ central business district.
Where is this office building located?
The property is located at 425 2ND Street SE Unit 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: 3,430‑13,720 SF office suites available; Space offered on the 1st, 2nd, 5th, 7th, and 10th floors; 12‑story office building completed in 1982
