118 2nd Ave SE

118 2nd Ave SE, Cedar Rapids, IA 52401

Property Information

  • For Lease $15.95/SF/YR
  • Property Type Office - General Office
  • Property Size 82,144 SF
  • Lot Size 0.39 Acre
  • Building Class A
  • Year Built 1923
  • Date Updated May 18, 2026

Description

Located in the heart of downtown Cedar Rapids, seamlessly connected to the city's skywalk system and steps away from a convenient parking ramp.118 2nd Ave SE offers a rare opportunity to lease move-in ready Class A office space in the heart of downtown Cedar Rapids. Connected directly to the downtown skywalk system and adjacent to ramp parking, the property provides convenient access for employees and clients alike. The available 4th and 5th floors feature modern, high-end finishes designed by Solum Lang Architects, including a mix of private offices, conference rooms, collaborative workspace, break areas, and open workstations. Existing furniture may be available, creating a true plug-and-play opportunity that can significantly reduce upfront occupancy costs and lead time. Ownership will consider demising options for smaller users, making the property well suited for regional headquarters, professional office users, technology groups, healthcare administration, customer support operations, and back-office teams seeking a downtown presence without the cost and delays of a full office buildout. Operating expenses include utilities and janitorial services.

2 Spaces Available

Floor 4

Space Type

Office

Lease Rate

$15.95/SF/YR

Total Space

16,360 SF

Divisible Space

16,360 - 16,360 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

Yes

Floor 5

Space Type

Office

Lease Rate

$15.95/SF/YR

Total Space

16,360 SF

Divisible Space

16,360 - 16,360 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

Yes

Contacts

Angie Glick-Martin, SIOR

GLD Commercial

Location

Contact Listing Broker
Angie Glick-Martin, SIOR

GLD Commercial

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