Cedar Rapids, IA Industrial Properties for Lease
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Cedar Rapids, IA Industrial properties Lease Rates & Market Statistics
Explore 83 Industrial properties for lease in Cedar Rapids, IA on Realmo, a commercial real estate exchange covering the Cedar Rapids area. The current inventory totals 6,113,536 square feet of properties — an average of ~73,650 SF per listing.
Asking lease rates for Industrial properties in Cedar Rapids start at $6 SF/Yr, average $8.65 SF/Yr, and reach $12 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $8.65 SF/Yr is in line with the Iowa state average.
Cedar Rapids accounts for 44% of the 189 industrial properties currently available across Linn County, where nearby markets include Marion and Hiawatha. By space type, the market includes 60 flex space listings, 16 distribution centers and 4 other industrial properties — other industrial properties typically offer the lowest entry point, while flex space commands the highest rates.
