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

Listed By: Ben Probst · License #S700000000 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 13 Last Checked: Aug 22 at 8:41AM

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Investment Insights

Based on property information with market context.

This property features a warehouse with approximately 9850 square feet of space. The warehouse has a clearance height of approximately 16 feet and is equipped with evaporative cooling. The zoning is light industrial (I-LI). Approximately 2.7 acres of outside storage is available. The property is available for immediate occupancy.

Key Highlights

• 2.7 acres of outside storage available
• ±16’ clear height in warehouse**
• Evap cooled warehouse

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Kitchen & Bath Showroom Auto Parts Store Real Estate Agency

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

161

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 52404, IA

43,385

Population

19,923

Households

2.2

Avg Household Size

35

Median Age

22%

College-Educated

94%

High-School Grad

56.6 sq mi

ZIP Area

767

Density / Sq Mi

$62,304

Median Household Income

$38,865

Median Earnings

$885

Median Rent

$159,700

Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$7.5 /SF/Yr

Avg Asking Price

$6–$10 /SF/Yr

Price Range

88,210 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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse space with outside storage available for lease.

Where is this warehouse located?

The property is located at 1139 29th Avenue Southwest Cedar Rapids, IA.

What are key features of this property?

This property features: 2.7 acres of outside storage available; ±16’ clear height in warehouse**; Evap cooled warehouse