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Flex Space with Service Bays
For Lease
$790,000

1115 Wenig Road Ne, Cedar Rapids, IA 52402

Industrial flex property combines contractor-oriented shop, office, storage, and outdoor operating areas.

Space Size10,080 SF
Lot Size1.00 Acre
Days on Market43

Property Features for 1115 Wenig Road Ne

General Information

Standard status Active
Size 10,080 SF
Net Rentable 10,080 SF
Lot size 1.00 Acre
Property subtype Commercial
Zoning I-GI

Space & Availability

Available Space 10,080 SF
Contiguous Space 5,280 SF
Available From Immediate

Additional Details

Outdoor Storage Yes
Drive-In Doors 12

Building Details

Year Built 1978
Buildings 2
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Brian Rosteck · License #B59904000
Source: Q4realestate
Added: Jul 18 Changed: Aug 28 Last Checked: Aug 29 at 5:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

Available flex space at 1115 Wenig Road NE includes two buildings totaling over 10,000 SF of shop, office, and storage areas. Building One measures 4,800 SF and includes four service bays, twelve-foot overhead doors, a 4000 lb. crane, an air compressor with distribution throughout the building, tool storage, workspace, a mezzanine, administrative offices, and shop office space.

Building Two contains 5,280 SF and was built in 2021. It offers eight twelve-foot overhead doors and concrete floors, with space suited to contractor storage or boat and RV storage. The property also provides approximately one acre for parking and outside storage and is zoned I-GI. A perpetual easement provides access to the cell tower site.

Key Highlights

  • Two buildings totaling over 10, 000 SF of shop, office, and storage space
  • Building One includes four service bays with twelve‑foot overhead doors
  • 4000 lb. crane, compressor, tool storage, mezzanine, and office areas included

Property Analytics

Current Use

Technical Specialty Systems General Contractor

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Dental Office Building Supply Hair Salon

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

12
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$9.43 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
24,800 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex property combines contractor-oriented shop, office, storage, and outdoor operating areas.
Where is this flex space located?
The property is located at 1115 Wenig Road Ne Cedar Rapids, IA.
What is the lease rate?
The lease rate is $790,000.
What are key features of this property?
This property features: Two buildings totaling over 10, 000 SF of shop, office, and storage space; Building One includes four service bays with twelve‑foot overhead doors; 4000 lb. crane, compressor, tool storage, mezzanine, and office areas included
More about this property
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