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Multi-Story Office Building
For Lease
$85,750 NNN

425 2ND Street SE Unit 722, Cedar Rapids, IA 52401

Central business district office suites offer flexible configurations for professional users, from individual offices to full-floor occupancy.

Space SizeContact for details
Days on Market287

Property Features for 425 2ND Street SE Unit 722

General Information

Standard status Active
Lease Term []

Building Details

Year Built 1982
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Tiffany Earl Williams-WSG CRE
Source: Cbhrealty
Added: Nov 16, 2025 Changed: Aug 29 Last Checked: Aug 29 at 11:18AM

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 constructed in 1982, with available suites ranging from 3,430 to 13,720 square feet. Space is offered on the 1st, 2nd, 5th, 7th, and 10th floors, accommodating requirements from smaller professional offices through full-floor users. Lease terms are structured as NNN.

The property is located at 425 2ND Street SE in Cedar Rapids’ central business core. Green Square Park, the Cedar Rapids Public Library, the New Bohemian District, and downtown dining and retail are nearby, placing office users within an established civic, cultural, and commercial setting.

Key Highlights

  • Suite sizes from 3,430 to 13,720 square feet
  • Availability on the 1st, 2nd, 5th, 7th, and 10th floors
  • 12‑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
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Frequently Asked Questions

What type of property is this?
Office building - Central business district office suites offer flexible configurations for professional users, from individual offices to full-floor occupancy.
Where is this office building located?
The property is located at 425 2ND Street SE Unit 722 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $85,750.
What are key features of this property?
This property features: Suite sizes from 3,430 to 13,720 square feet; Availability on the 1st, 2nd, 5th, 7th, and 10th floors; 12‑story office building constructed in 1982
More about this property
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