Third-Floor Office
For Lease
$12 SF/Yr
550 2ND Street SE Unit 300, Cedar Rapids, IA 52401
Flexible office space with customization options, signage availability, and limited climate-controlled parking.
Space SizeContact for details
Days on Market15
Property Features for 550 2ND Street SE Unit 300
General Information
Standard status
Active
Lease Term
[]
Space & Availability
Floor
3
Space Use
Office
Sublease
No
Additional Details
TI Allowance
$60 /SF
Amenities
premium signage opportunity
Building Details
Year Built
1970
Listing Agency:
GLD Commercial Real Estate Advisors
Listed By:
Adam Gibbs
(319) 364-8121
Source:
Cbhrealty
Added: Aug 16
Changed: Aug 28
Last Checked: Aug 29 at 10:21AM
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 Real Estate Advisors
Investment Insights
Based on property information with market context.
Office space is available across the entire third floor of this 64,800-square-foot property, offering a substantial floorplate for a tenant seeking room to configure its workplace. The premises can be customized to suit tenant requirements, subject to applicable terms.
Located at 550 2nd Street SE in Cedar Rapids, the property was constructed in 1970. Additional features include an opportunity for premium signage and limited access to indoor climate-controlled parking.
Located at 550 2nd Street SE in Cedar Rapids, the property was constructed in 1970. Additional features include an opportunity for premium signage and limited access to indoor climate-controlled parking.
Key Highlights
- Entire third floor available for lease
- 64,800‑square‑foot office property built in 1970
- Space can be customized for tenant requirements
Property Analytics
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
$13.85 /SF/Yr
Avg Asking Price
$8–$25 /SF/Yr
Price Range
35,222 SF
Avg Space Size
This space is priced 13% below the average of $13.85 /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 - Flexible office space with customization options, signage availability, and limited climate-controlled parking.
Where is this office units located?
The property is located at 550 2ND Street SE Unit 300 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: Entire third floor available for lease; 64,800‑square‑foot office property built in 1970; Space can be customized for tenant requirements
