Office Building with Multi-Floor
For Lease
$343,000
500-425 2nd St Se, Cedar Rapids, IA 52404
Available office suites are offered on multiple floors within a prominent 12-story downtown office building.
Space SizeContact for details
Days on Market224
Property Features for 500-425 2nd St Se
General Information
Standard status
Active
Lease Type
NNN
Taxes and HOA fees
Annual Taxes
$3,555
Building Details
Stories
12
Listing Agency:
SKOGMAN REALTY COMMERCIAL
(319) 363-8286
Listed By:
Tiffany Earl Williams-WSG CRE
(319) 730-5732
Source:
Exprealty
Added: Jan 27
Changed: Sep 4
Last Checked: Sep 7 at 12:04PM
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 offering available suites on the 1st, 2nd, 5th, 7th, and 10th floors. Suite sizes listed range from 3,430 SF to 13,720 SF, supporting configurations from small professional offices to larger users seeking more space.
Located in Downtown Cedar Rapids, Plaza 425 is described as being steps from Green Square Park, the Cedar Rapids Public Library, and the New Bohemian District, with access to nearby dining and retail. The property is identified as a 206,000 SF building.
This offering is available for lease and sale, providing an on-site option for both tenants and owner-users looking to establish or expand their presence in the central business core.
Located in Downtown Cedar Rapids, Plaza 425 is described as being steps from Green Square Park, the Cedar Rapids Public Library, and the New Bohemian District, with access to nearby dining and retail. The property is identified as a 206,000 SF building.
This offering is available for lease and sale, providing an on-site option for both tenants and owner-users looking to establish or expand their presence in the central business core.
Key Highlights
- Office suites available in Plaza 425, a prominent 12‑story downtown Cedar Rapids office building
- Suite sizes range from 3,430 to 13,720 SF on the 1st, 2nd, 5th, 7th, and 10th floors
- Building totals 206,000 SF and includes options for small professional offices through full‑floor users
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,948
Businesses Nearby
Explore this area
Business Placement
Demographics for 52404, IA
43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
Market
Lease Benchmarks for Cedar Rapids, IA
$13.87 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
43,451 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Available office suites are offered on multiple floors within a prominent 12-story downtown office building.
Where is this office units located?
The property is located at 500-425 2nd St Se Cedar Rapids, IA.
What is the lease rate?
The lease rate is $343,000.
What are key features of this property?
This property features: Office suites available in Plaza 425, a prominent 12‑story downtown Cedar Rapids office building; Suite sizes range from 3,430 to 13,720 SF on the 1st, 2nd, 5th, 7th, and 10th floors; Building totals 206,000 SF and includes options for small professional offices through full‑floor users
