Finished Office Unit with
For Lease
$12 SF/Yr
550 2nd St SE, Cedar Rapids, IA 52401
High-finish office suite with private offices, conference rooms, workstations, and a reception area.
Space SizeContact for details
Days on Market9
Property Features for 550 2nd St SE
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
Urban Dwntwn Core
Lease Type
NNN
Space & Availability
Space Use
Office
Private Offices
7
Meeting Rooms
3
Taxes and HOA fees
Annual Taxes
$111,388
Amenities
break room
reception desk
indoor climate controlled parking
premium signage opportunity
Carpet
0.92
CountyRoad,Paved
Building Details
Year Built
1970
Listing Agency:
GLD COMMERCIAL
(641) 781-0867
Listed By:
Lisa Coots-Schooley
(641) 781-0867
Source:
Pinnaclerealtyia
Added: Aug 14
Changed: Aug 20
Last Checked: Aug 21 at 4:27AM
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.
This 7,630-square-foot office unit offers a completed interior with carpeted flooring and a professional layout. The space includes 7 private offices, 3 conference rooms, 8 cubicles, a break room, and a reception desk, with expansion capability also identified. The unit was built in 1970 and was previously used as a CPA office.
The property is located at 550 2nd St SE in Cedar Rapids, Iowa. Limited indoor climate-controlled parking is available, and signage opportunities are provided. The site also includes paved county-road access.
The property is located at 550 2nd St SE in Cedar Rapids, Iowa. Limited indoor climate-controlled parking is available, and signage opportunities are provided. The site also includes paved county-road access.
Key Highlights
- 7,630‑square‑foot office unit
- 7 private offices and 3 conference rooms
- 8 cubicles, break room, and reception desk
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /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
Market
Lease Benchmarks for Cedar Rapids, IA
$14.94 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
35,589 SF
Avg Space Size
This space is priced 20% below the average of $14.94 /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 - High-finish office suite with private offices, conference rooms, workstations, and a reception area.
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 SF/Yr.
What are key features of this property?
This property features: 7,630‑square‑foot office unit; 7 private offices and 3 conference rooms; 8 cubicles, break room, and reception desk
