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    200 1St St Cedar Rapids, IA 52401

    Sponsored
    For Lease
    $17 SF/Yr

    Prime Cedar Rapids office space, various sizes.

    Lot size:
    265,192 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This iconic 21-story Class A Alliant Energy Tower, located at 200 1st St SE, Cedar Rapids, IA 52401, offers a variety of office spaces for lease. The building, situated on a 0.965-acre lot within the Urban Downtown Core zoning district (APN 142820100300000), boasts a total of 265,192 square feet. Spaces range from a minimum of 160 square feet to a maximum contiguous area of 30,384 square feet, accommodating businesses of all sizes. The building, constructed in 1972, features both traditional and executive office suites, with 18 spaces currently available. The top two floors (20 & 21) offer stunning downtown views and were previously used as executive offices. Main floor office space is also available. Annual base year full-service operating expenses are estimated at $6.00 per square foot, encompassing CAM, insurance, property taxes, utilities, and janitorial services. The condition of the space and tenant build-out are negotiable within mutually agreeable lease terms. Leases covering less than a full floor require landlord approval of space planning and design. This is a unique opportunity to secure prestigious office space in a prime Cedar Rapids location.

    Property Features for 200 1St St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    265,192 SF
    Class
    A
    Total Rate
    375688.67

    Building Details

    Year Built
    1972
    Stories
    21

    Unit(s) available at that property

    Space
    17th Floor
    Size
    10,129 SF
    Rate per SF
    $17
    Space
    18th Floor
    Size
    10,129 SF
    Rate per SF
    $17
    Space
    20th Floor
    Size
    10,129 SF
    Rate per SF
    $19
    Space
    21st Floor
    Size
    10,128 SF
    Rate per SF
    $19
    Space
    Floors 19, 20 & 21
    Size
    30,384 SF
    Rate per SF
    $17
    Space
    19th Floor
    Size
    10,128 SF
    Rate per SF
    $17
    Space
    Floors 20 & 21
    Size
    20,257 SF
    Rate per SF
    $17
    Space
    1st Floor #101
    Size
    1,225 SF
    Rate per SF
    $17
    Space
    1st Floor #104
    Size
    1,861 SF
    Rate per SF
    $17
    Space
    1st Floor #105
    Size
    2,000 SF
    Rate per SF
    $17
    Space
    1st Floor #108
    Size
    1,130 SF
    Rate per SF
    $17
    Space
    1st Floor #109 A
    Size
    356 SF
    Rate per SF
    $17
    Space
    1st Floor #111
    Size
    1,267 SF
    Rate per SF
    $17
    Space
    7th Floor
    Size
    6,100 SF
    Rate per SF
    $17
    Space
    1st Floor 602 SF
    Size
    602 SF
    Rate per SF
    $17
    Space
    1st Floor 535 SF
    Size
    535 SF
    Rate per SF
    $17
    Space
    15th Floor
    Size
    582 SF
    Rate per SF
    $17
    Space
    15th Floor
    Size
    4,959 SF
    Rate per SF
    $17
    Property Profile Location Intelligence

    Current Use by Public Records

    Edison Electricians of Cedar ... Electrician Schumacher Elevator Company Elevator Service IES Diversified Inc Trucking Company F & M Bank Bank Alliant Energy Electric Utility Company

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.66810262
    Latitude
    41.97640362

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    FAQs

    What type of property is this?
    Restaurant - Prime Cedar Rapids office space, various sizes.
    Where is this restaurant located?
    The property is located at 200 1St St Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $17-$19 SF/Yr.
    Request Owner's contact information
    200 1St St Cedar Rapids, IA 52401
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    Cedar Rapids, IA 52401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 1St St Cedar Rapids, IA 52401
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