Listing Agency: CBRE - Des Moines a***@cbre.com Show Phone

Listed By: Ajdin Nadarevic · License #S700000000 Show Phone

Source: Cbre

Added: Mar 25 Changed: Jul 6 Last Checked: Jul 30 at 3:13AM

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Investment Insights

Based on property information with market context.

Approximately 108,006 square feet of contiguous warehouse space is available for lease within a 470,000 square feet distribution facility. The space features industrial racking, 24/7 access to loading and receiving docks, dry ambient storage conditions, and advanced security systems. The facility is utilized as a regional distribution hub, capable of distributing both its own products and those of tenants within the complex. The space has a 28’ clear height and an ESFR sprinkler system. Dock door access is available. The entire building is heated and cooled. A conveyor and bin system is also available. The space is SQF Food Safety Certified.

Key Highlights

• 108,006 sq ft of contiguous warehouse space available within Hy‑Vee's regional distribution facility.
• Opportunity for Hy‑Vee to distribute tenant's products, providing a powerful logistics advantage.
• Fully equipped with industrial racking, 24/7 access to loading and receiving docks, and advanced security systems.

Property Analytics

Property Profile

Current Use

CherokeeGrocerydc Warehouse & Storage Hy-Vee Distribution Center Distribution Center

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Electrical Service Dental Office Auto Repair 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

33

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 51012, IA

6,592

Population

2,889

Households

2.3

Avg Household Size

46

Median Age

20%

College-Educated

93%

High-School Grad

147.7 sq mi

ZIP Area

45

Density / Sq Mi

$56,964

Median Household Income

$33,141

Median Earnings

$725

Median Rent

$127,900

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Similar Off Market Nearby

• Wenck Storage — 1752 IA-3, Cherokee, IA 51012

Frequently Asked Questions

What type of property is this?

Warehouse - 108,006 SF warehouse space with logistics advantages.

Where is this warehouse located?

The property is located at 1010 Riverview Drive Cherokee, IA.

What are key features of this property?

This property features: 108,006 sq ft of contiguous warehouse space available within Hy‑Vee's regional distribution facility.; Opportunity for Hy‑Vee to distribute tenant's products, providing a powerful logistics advantage.; Fully equipped with industrial racking, 24/7 access to loading and receiving docks, and advanced security systems.