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Add a Listing Advertise
  1. Office Space
  2. IA
  3. Cedar Rapids

550 2nd St SE

For Lease 29,110 SF

550 2nd St SE, Cedar Rapids, IA 52401

Located in the heart of downtown Cedar Rapids at the corner of 2nd St and 5th Avenue SE.Downtown Cedar Rapids office space for lease. Suite 300: Entire 3rd floor available and can be customized for your tenant’s needs. Landlord is offering a $60 per square foot tenant improvement allowance for qualified tenants. Suite 401: Fully built out unit with a high level of finish available. Former CPA office with expansion capability. Premises is currently configured with 7 private office, 3 conference rooms, 8 cubicles, break room and reception desk. Indoor climate controlled parking is available on a limited basis for $100 per month per space. Premium signage opportunity available as well.

Key features

  • 7,630 - 21,480 SF available
  • Indoor parking available

Rental Details

  • Number of spaces 2
  • Total square feet available 29,110 SF
  • For Lease $12.50/SF/YR
  • Space Type General Office, Office
  • Lease Type NNN
  • Latest Update Sep 18, 2026
View Attachment
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True

2 Spaces Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
Suite 300 General Office $12.50/SF/YR 21,480 SF 3 NNN

Suite 300

Space Type

General Office

Lease Rate

$12.50/SF/YR

Additional Rent

Price on request

Total Space Available

21,480 SF

Floor

3

Divisible Space

21,480 - 21,480 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Suite 401 Office $12.50/SF/YR 7,630 SF 4 NNN

Suite 401

Space Type

Office

Lease Rate

$12.50/SF/YR

Additional Rent

Price on request

Total Space Available

7,630 SF

Floor

4

Divisible Space

7,630 - 7,630 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Suite 300

Space Type
General Office
Lease Rate
$12.50/SF/YR
Total Space
21,480 SF
Floor
3
Lease Type
NNN
Space Type

General Office

Lease Rate

$12.50/SF/YR

Additional Rent

Price on request

Total Space Available

21,480 SF

Floor

3

Divisible Space

21,480 - 21,480 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Suite 401

Space Type
Office
Lease Rate
$12.50/SF/YR
Total Space
7,630 SF
Floor
4
Lease Type
NNN
Space Type

Office

Lease Rate

$12.50/SF/YR

Additional Rent

Price on request

Total Space Available

7,630 SF

Floor

4

Divisible Space

7,630 - 7,630 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

broker
Adam Gibbs, SIOR

GLD Commercial

Building Details

  • For Lease $12.50/SF/YR
  • Property Type Office - General Office
  • Property Size 64,800 SF
  • Lot Size 0.92 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970
  • Date Updated Sep 18, 2026

Location

  • City Cedar Rapids, IA
  • Zip Code 52401
  • Map
  • Street
  • Walk score 79/100 Very Walkable
  • Transit score 39/100 Some Transit
  • Bike score 70/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

ChargePoint

0.15 miles

Casey's General Store

0.20 miles

Caseys

0.71 miles

Kum & Go

0.71 miles

Fas Fuel

1.09 miles

Conoco

1.14 miles

Sinclair - Hawkeye

1.25 miles

Tesla Supercharger

1.34 miles

Hy-Vee Gas Station

1.38 miles

Kwik Star

2.10 miles

GTC Ramp

0.08 miles

Paramount Lot

0.17 miles

3rd Avenue Ramp

0.18 miles

Lot 44

0.22 miles

CRST Parking Garage

0.24 miles

May's Island Ramp

0.32 miles

Five Seasons Parking Ramp

0.41 miles

Lot 9

0.45 miles

Lot 12

0.46 miles

Lot 10

0.48 miles

Johnny Boy's

0.94 miles

Washmohr Car Wash

1.82 miles

Big Z's Car Wash

1.96 miles

Mt. Vernon Car Wash

2.32 miles

Five Seasons Detail

2.43 miles

Enterprise

2.69 miles

Mister

2.82 miles

Sparkling Image Car Wash

2.87 miles

Mikey's Touchless Car Wash

3.32 miles

Express Wash

3.46 miles

The Map Room

0.11 miles

Jimmy John's

0.12 miles

Gianna's Italian Beef

0.14 miles

DC's Riverwalk Pub

0.15 miles

The Coffee Emporium

0.20 miles

Austin Blues BBQ

0.20 miles

Pita'z Inc

0.20 miles

Sub King Deli

0.21 miles

The Keg

0.24 miles

Little King Deli

0.24 miles

Babanur International Grocery

1.11 miles

K.A.F.F. Oriental & African Market

1.12 miles

Hy-Vee

1.20 miles

New Pioneer Food Co-Op

2.60 miles

ALDI

2.91 miles

JCPenney

3.15 miles

Town and Country Shopping Center

3.22 miles

Ross

3.27 miles

Burlington

3.29 miles

Fareway

3.29 miles

Cedar Rapids Police Department

0.32 miles

Physicians Clinic of Iowa

0.39 miles

Cedar Rapids OB Gyn

0.42 miles

Mercy Medical Center

0.47 miles

Cedar Rapids Fire Department Central Station

0.50 miles

Mercy Care Downtown

0.50 miles

Linn County Sheriffs Department

0.58 miles

UnityPoint Health Work Well Clinic Therapy Plus

0.60 miles

Family Practice Associates

0.65 miles

Medical Plaza

0.67 miles

Listing Summary

  • Asking Prices

    At 550 2nd St SE, the asking rate for office space for lease starts at $12.50/SF/YR.

  • Available Office Space

    Office space currently available at 550 2nd St SE adds up to a total of 29,110 square feet across 2 spaces. The largest individual space listed offers 21,480 square feet.

    Property use types available for lease at this property include: general office and office.

  • Property Details

    The property incorporates a total of 64,800 square feet of space.

    Interested in researching more about this property? Access in-depth research on 550 2nd St SE, including ownership details, transaction history, property characteristics, by creating a free account and viewing the full property report.

Contact Adam Gibbs, SIOR
broker
Adam Gibbs, SIOR

GLD Commercial

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