Multi-Floor Office
For Lease
$85,750
721-425 2nd St Se, Cedar Rapids, IA 52401
Professional workspace is available across multiple levels in a 12-story downtown office property.
Space Size3,430 SF - 13,720 SF
Property Size206,000 SF
Days on Market271
Property Features for 721-425 2nd St Se
General Information
Standard status
Active
Size
3,430 SF - 13,720 SF
Net Rentable
3,430 SF
Lease Type
NNN
Space & Availability
Available Space
3,430-13,720 SF
Space Use
Office
Sublease
No
Taxes and HOA fees
Annual Taxes
$1,481
Building Details
Stories
12
Building Size
206,000 SF
Listing Agency:
Skogman Realty Co
(319) 363-8286
Listed By:
Tiffany Earl Williams-WSG CRE
(319) 730-5732
Source:
Exprealty
Added: Jan 27
Changed: Oct 5
Last Checked: Oct 24 at 10:25PM
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 Co
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office suites are available at Plaza 425 in a 12-story building, with options from 3,430 to 13,720 SF. Spaces are offered on the 1st, 2nd, 5th, 7th, and 10th floors, accommodating requirements ranging from smaller professional offices to full-floor occupancy.
The property is located at 721-425 2nd St SE in Cedar Rapids’ central business core. Green Square Park, the Cedar Rapids Public Library, the New Bohemian District, and nearby dining and retail are all identified as surrounding destinations. The building supports tenants seeking a downtown office address with multiple suite sizes and floor locations.
The property is located at 721-425 2nd St SE in Cedar Rapids’ central business core. Green Square Park, the Cedar Rapids Public Library, the New Bohemian District, and nearby dining and retail are all identified as surrounding destinations. The building supports tenants seeking a downtown office address with multiple suite sizes and floor locations.
Key Highlights
- Suite sizes range from 3,430 to 13,720 SF
- Availability on the 1st, 2nd, 5th, 7th, and 10th floors
- 12‑story office building in Cedar Rapids’ central business core
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,974
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
$12.43 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
39,313 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Professional workspace is available across multiple levels in a 12-story downtown office property.
Where is this office unit located?
The property is located at 721-425 2nd St Se 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 range from 3,430 to 13,720 SF; Availability on the 1st, 2nd, 5th, 7th, and 10th floors; 12‑story office building in Cedar Rapids’ central business core
