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Office Suites in Plaza 425

722-425 2nd St Se, Cedar Rapids, IA 52401

For Lease
$85,750

Flexible office suites are available on multiple floors within a prominent 12-story office building.

Space SizeContact for details
Days on Market288

Property Features for 722-425 2nd St Se

General Information

Standard status Active
Lease Type NNN

Taxes and HOA fees

Annual Taxes $1,481

Building Details

Stories 12
Listing Agency: Skogman Realty Co
Listed By: Tiffany Earl Williams-WSG CRE
Source: Exprealty
Added: Jan 27 Changed: Nov 5 Last Checked: Nov 8 at 7:14AM

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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Investment Insights

Based on property information with market context.

Plaza 425 offers a range of office suites located on the 1st, 2nd, 5th, 7th, and 10th floors of a 12-story, 206,000 SF office building. Suite sizes available in the offering range from 3,430 to 13,720 SF, supporting both smaller professional users and larger tenant requirements.

The property is positioned at 722–425 2nd St SE in the heart of Downtown Cedar Rapids, steps from Green Square Park and the Cedar Rapids Public Library, with proximity to the New Bohemian District and area dining and retail.

Plaza 425 is being offered for lease and also for sale, providing options for tenant occupancy or owner-user/investment planning.

Key Highlights

  • Plaza 425 is a 12‑story, 206,000 SF prominent office building in Downtown Cedar Rapids.
  • Office suites available on the 1st, 2nd, 5th, 7th, and 10th floors.
  • Suite sizes range from 3,430–13,720 SF.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Auto Parts Store Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,974
Businesses Nearby

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

$12.75 /SF/Yr
Avg Asking Price
$0.99–$25 /SF/Yr
Price Range
34,598 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Cedar Rapids, IA

$13.65 Jul
$14.12 Aug
$13.1 Sep
$13.17 Oct

Properties on Market for Office Units in Cedar Rapids

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Flexible office suites are available on multiple floors within a prominent 12-story office building.
Where is this office unit located?
The property is located at 722-425 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: Plaza 425 is a 12‑story, 206,000 SF prominent office building in Downtown Cedar Rapids.; Office suites available on the 1st, 2nd, 5th, 7th, and 10th floors.; Suite sizes range from 3,430–13,720 SF.
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