Customizable Third-Floor Office
For Lease
$12.50 SF/Yr
550 2nd St SE, Cedar Rapids, IA 52401
Office space offers a flexible layout for tenant-specific customization in downtown Cedar Rapids.
Space Size7,630 SF - 21,480 SF
Property Size64,800 SF
Days on Market39
Property Features for 550 2nd St SE
General Information
Standard status
Active
Size
7,630 SF - 21,480 SF
Class
B
Property subtype
Office - General Office
Building Details
Building Size
64,800 SF
Year Built
1970
Spaces For Lease
at 550 2nd St SE Contact us- Floor
- 3
- Size
- 21,480 SF
- Type
- General Office
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
Suite 300 $12.50/SF/Yr
- Floor
- 4
- Size
- 7,630 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
Suite 401 $12.50/SF/Yr
Listing Agency:
GLD Commercial
Listed By:
Adam Gibbs, SIOR
Source:
Commercialcafe
Added: Aug 19
Changed: Sep 11
Last Checked: Sep 24 at 6:53AM
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 GLD Commercial
Investment Insights
Based on property information with market context.
The entire third floor at 550 2nd Street SE is available for office use and may be customized to suit the occupying tenant. The space includes carpeted interiors and is part of a 64,800-square-foot property constructed in 1970.
The building is located in Cedar Rapids, Iowa, and is designated UDC zoning. Limited indoor climate-controlled parking is available, with additional off-street parking also identified. A signage opportunity is available for the occupying business.
The building is located in Cedar Rapids, Iowa, and is designated UDC zoning. Limited indoor climate-controlled parking is available, with additional off-street parking also identified. A signage opportunity is available for the occupying business.
Key Highlights
- Entire third floor available for office occupancy
- Tenant‑specific customization permitted
- 64,800‑square‑foot property constructed in 1970
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,464
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
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Market
Lease Benchmarks for Cedar Rapids, IA
$12.97 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
44,398 SF
Avg Space Size
This space is priced 4% below the average of $12.97 /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 - Office space offers a flexible layout for tenant-specific customization in downtown Cedar Rapids.
Where is this office units located?
The property is located at 550 2nd St SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Entire third floor available for office occupancy; Tenant‑specific customization permitted; 64,800‑square‑foot property constructed in 1970
